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

[kendallkim]

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.