Adani Plans Airport Unit IPO by 2027, Hastens $100 Billion Capex
Billionaire Gautam Adani's group is gearing up to list its airports unit by 2027, as part of an ambitious growth plan that entails investing $100 billion across businesses over the next few years.
Adani Airport Holdings Ltd., India's largest private-sector airport operator, will likely be spun off and listed by March 2027, according to Adani Group executives who spoke on the condition of anonymity as the details aren't public. Currently owned by the flagship Adani Enterprises Ltd., the firm operates eight Indian airports and will be opening a new terminal on the outskirts of Mumbai in a few months time.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
27 minutes ago
- Bloomberg
Gold Market Competition Heats Up as Industry Meets in Singapore
The start of a gold-futures contract in Singapore has put the spotlight on fresh moves in Asian financial hubs to capitalize on rising interest in the commodity as demand increases and prices surge. The BlackRock Inc.-backed Abaxx Exchange began offering a US dollar-denominated futures contract, sized at 1 kilogram (32.15 troy ounces) and locally deliverable, on Thursday. The move will be among developments highlighted at an industry conference organized by the Singapore Bullion Market Association that'll take place in the city-state over three days from Sunday.
Bloomberg
an hour ago
- Bloomberg
From Lagging Indicators to Daily Intelligence: Rethinking Country Risk
From armed conflict to political upheaval, geopolitical events are unfolding daily - and they're directly impacting investments and counterparties in these locations. Yet most traditional country risk metrics are produced infrequently on a lag, leading many firms to rely on manual monitoring of news and social media. Join Bloomberg and Seerist as we introduce a newly launched dataset that replaces guesswork with grounded, daily intelligence. Powered by expert political analyst insight and AI, this data delivers country-level geopolitical risk scores and ratings tied directly to companies' country of risk - enabling risk and investment teams to monitor how fast-moving developments are impacting businesses on the ground. Whether you're comparing counterparties or recalibrating investment decisions, this session will show how to seamlessly integrate geopolitical risk data into your workflow - so you're not only aware of global events as they unfold, but able to confidently quantify their impact. Global Head of Risk & Investment Analytics Products Bloomberg Zane Van Dusen is the Global Head of Risk & Investment Analytics Products at Bloomberg. Zane began this role in 2019 and under his leadership, the group has become one of the industry's top data analytics providers, supplying innovative risk metrics, such as Bloomberg's award-winning Liquidity Assessment solution (LQA), based on Bloomberg's vast database of market data. Zane works with quants and engineers to build data-driven analytics that address a wide range of client needs from investment research to portfolio construction to regulatory reporting. Prior to this role, Zane managed the implementation of risk management, stress testing and reporting systems for Credit Suisse's Treasury and Liquidity Risk Management groups for over a decade. Prior to this role, Zane managed the implementation of risk management, stress testing and reporting systems for Credit Suisse's Treasury and Liquidity Risk Management groups for over a decade. Victoria Cardwell Head of Sales Seerist Victoria Cardwell brings two decades of experience at the intersection of geopolitical risk and commercial strategy. At Seerist, she leads sales to commercial and international government entities who need to monitor, analyse and anticipate security, political and operational risks. Throughout her career, Victoria has built and scaled teams to support clients across a broad range of sectors—including finance, insurance, energy, technology, and manufacturing—helping them navigate volatile environments by building risk intelligence technology into their operations. Victoria spent 8 years at Control Risks as Partner of Global Online Solutions, and previously held roles include at Jane's and IHS Markit (now S+P). Throughout her career she has focused on delivering intelligence as SaaS, for macro-economic as well as geopolitical and security datasets. Victoria holds a Master's degree in War Studies from King's College London and studied at Durham University.
Bloomberg
an hour ago
- Bloomberg
Zhejiang Sanhua Seeks $1 Billion in Hong Kong Listing
Zhejiang Sanhua Intelligent Controls Co. is seeking to raise as much as HK$8.12 billion ($1 billion) in its Hong Kong listing, the latest billion-dollar deal to drive the city's recovery in share sales. The Chinese company on Friday began taking investor orders for 360 million shares, according to listing document. Sanhua is offering the shares at HK$21.21 to HK$22.53 each and has the option to upsize the deal.
