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Adani Group's airport, food biz could go public soon: Report

Shortpedia

Content Team
Image Credit: shortpedia

The Adani Group is planning to come out with an initial public offering (IPO) for two of its firms--airport business owned by Adani Enterprises as Adani Airports Holdings and Adani Wilmar-- a joint venture between the Adani Group and Singapore-based Wilmar International. According to The Economic Times, Adani’s airports business will be hived off into a separate entity before the listing process is undertaken.