Adani Airports emerges as world's third most valuable airport operator after $1B fundraise

Billionaire Gautam Adani's airport company is set to rank among the world's most valuable airport operators after securing about $1 billion in fresh equity from global and domestic investors, including Temasek, BlackRock-managed funds, Alpha Wave Global, and Premji Invest. The transaction values Adani Airports Holdings at about $18 billion before the investment. With the new capital, the implied post-money equity value is about $19 billion, putting the Indian airport operator around third global