Major investment push for Adani Airports.

Major investment push for Adani Airports. Global investors Temasek and Alpha Wave Global are negotiating a $1.3 billion investment in Adani Airport Holdings, valuing the company at approximately $18 billion. This consortium of four international investors is betting on India's growing air traffic as the world's most populous nation expands aviation infrastructure. Adani Group operates eight airports serving nearly a quarter of India's total passenger base. However, negotiations face hurdles over valuation expectations, with management seeking premiums exceeding $20 billion, and investor demands for structured returns with assured guarantees. If completed, this marks the first external equity fundraising for the airport business.