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 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 Wilmar shares tank nearly 8% as Adani Group announces exit from FMCG joint venture
Shares of Adani Wilmar tumbled nearly 8 per cent on Tuesday after billionaire Gautam Adani's group announced its exit from the FMCG joint venture by selling its entire stake to the Singaporean partner in the open market for over USD 2 billion. The stock tanked 7.95 per cent to Rs 303.30 on the BSE.
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.
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 $2-billion as the Indian conglomerate focuses on core 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 to exit Wilmar Joint Venture, to sell 44% in FMCG company for $2 billion
The Adani Group is selling its 44% stake in Adani Wilmar to Wilmar International for $2 billion, shifting focus to its core infrastructure business. This deal marks the end of Adani's 25-year foray into staples,
India's Adani Wilmar falls on Adani group's plan to offload stake
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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 ...
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