The Financial Times1mon
Adani Group to divest $2bn stake in Wilmar joint venture
Adani Wilmar, a 25-year-old joint venture between Adani Group’s companies and Lence, a Wilmar International subsidiary, has a $5bn market valuation. The roughly $2bn raised through the sale will ...
Business Line1mon
Adani group to exit FMCG venture with Wilmar to raise $2 billion
Adani group will sell its 44 per cent stake in Fast-Moving Consumer Goods (FMCG) joint venture Adani Wilmar Ltd with an aim to raise $2 billion. The deal will be done in two steps. Lence Pte.
Reuters1mon
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bln deal
Dec 30 (Reuters) - India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International (WLIL.SI), opens new tab in a $2 billion deal as it looks to bolster its ...
Nasdaq13d
Sensex, Nifty Extend Gains For Third Day; Financials And Adani Group Stocks Outperform
(RTTNews) - Indian shares eked out modest gains on Thursday, with Adani Group stocks rallying following Hindenburg Research founder Nate Anderson's announcement to wind down his short-seller firm.