Adani to exit Wilmar Joint Venture

India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 billion deal
India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the Indian conglomerate's first major transaction since the U.
Adani Group Exits FMCG Joint Venture With Wilmar In $2 Billion 'Fortune' Deal
Gautam Adani’s group announced its complete exit from Adani Wilmar Ltd (AWL) on Monday (30 December), selling its entire 43.94 per cent stake in the Fortune brand FMCG joint venture to Singapore-based Wilmar International and through an open market sale.
Adani group to exit Adani Wilmar, sell stake to raise over $2 billion
Adani group is completely exiting Adani Wilmar Ltd by selling its 43.94% stake. A 31.06% stake will be sold to Wilmar International, raising Rs 12,314
Adani Group to divest $2bn stake in Wilmar joint venture
First major capital raise since US indicted billionaire Gautam Adani and associates in an alleged bribery scheme
Shares of Adani Wilmar fall 7% after Adani Group’s decision to sell its stake
The Adani Group is divesting its entire 44 per cent stake in Adani Wilmar, its FMCG joint venture with Singapore-based Wilmar International.
Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 billion deal
India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core its infrastructure business.
Adani Group plans $2 billion exit from joint venture with Singapore’s Wilmar
Adani Wilmar exports products such as rice, castor oil and oleochemicals to over 30 countries. Read more at straitstimes.com.
Adani Wilmar share slips 7.5% after Adani announces exit from joint venture
Adani Wilmar Ltd's shares dropped over 7 percent on Tuesday (Dec. 31) after Adani Enterprises revealed its decision to depart the joint venture with Wilmar.
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bln deal
The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123.14 billion rupees ($1.44 billion) as the Indian conglomerate sharpens its focus on infrastructure projects.
Stalin govt scraps smart meter tender amid allegations of favour to Adani
The decision of scrapping the tender has been taken by the Tamil Nadu Generation and Distribution Corporation (Tangedco). The ...
India Today on MSN1h
Adani Wilmar stocks recover as share price rises 5% in ealry trade
The recovery follows a sharp decline of 7% on Tuesday after Adani Enterprises Ltd (AEL) announced its decision to sell its ...
Adani Green CEO Singh to Step Down, Take New Role in Group
Adani Green Energy Ltd.’s Chief Executive Officer, Amit Singh, will step down from his current role with effect from March 31 ...
Adani group to exit consumer goods joint venture with Singapore’s Wilmar in US$2-billion deal
India’s Adani group will exit the consumer goods joint venture with Singapore’s Wilmar International in a deal valued at ...
'Biwi bhaag jayegi': Gautam Adani claps back at Narayana Murthy over 70-hour work week debate
Adani's comment comes amid a debate sparked by Infosys founder Narayana Murthy after the latter pitched for a 70-hour week so ...
'Many people say Adani Group only works in BJP-ruled states...': Gautam Adani dismisses claims of political favouritism
Gautam Adani, chairman of Adani Group, dismissed claims of "political favouritism" and asserted the firm's commitment to ...
Air Works eyes wider foodprint, propels Adani group’s MRO ambitions
Air Works plans MRO expansion post Adani acquisition, aiming to strengthen capacity and compete in civil aviation market.
'No one has come here permanently...': Gautam Adani shuts down favoritism charge, says group ready to work with 'anyone'
Adani reiterated that infrastructure development relies on collaboration between the private sector and governments, ...