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Adani group, wilmar international
India's Adani Wilmar falls on Adani group's plan to offload stake
India's Adani Wilmar fell over 6% in early trade on Tuesday, a day after the Adani Group said it would sell its entire 44% stake in the consumer goods company in a $2 billion deal to focus on strengthening its infrastructure businesses.
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's Strategic Exit: Sells Stake in Adani Wilmar for Billions
Adani Group announced its exit from the FMCG joint venture with Wilmar by selling its stake in Adani Wilmar for over USD 2 billion. The sale is part of its strategy to bolster its core infrastructure businesses.
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.
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. This move aims to raise approximately $2 billion, which would be used to fuel investments in core infrastructure sectors like energy, transport, and logistics.
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 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 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 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
7m
Adani Green CEO Amit Singh to step down
Adani Green Energy Ltd’s chief executive officer, Amit Singh, will step down from his current role with effect from March 31 ...
The Edge Singapore
17h
Adani Green CEO Singh to step down, take new role in group
Adani Green Energy’s CEO Amit Singh will step down from his current role on March 31, 2025 to assume leadership of the ...
4d
on MSN
'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, ...
3d
'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 ...
2d
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.
5d
on MSN
Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?
Adani Green Energy shares surged nearly 5%, while Adani Power share price also jumped nearly 4%. Adani Ports stock was the ...
2d
"Gateway To Goodness": Jeet Adani On Navi Mumbai Airport's New Milestone
Jeet Adani, Director, Airports of the Adani Group, on Sunday, hailed the pivotal landmark of Navi Mumbai International Airport (NMIA) successfully carrying out its first commercial validation flight ...
National Herald
2d
Adani-backed Dharavi Redevelopment Project changes name to Navbharat Mega Developers
Adani plans to turn 620 acres of prime land, about three-quarters of the size of New York's Central Park, into a glitzy urban ...
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