Ventura, which maintained a target price of Rs 3,801 on Adani Enterprises, noted that the transaction marks AEL's first major move since the US Department of Justice (DOJ) indictment in November 2024,

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Adani Enterprises Ltd (AEL) on Monday announced that it will exit Adani Wilmar Ltd (AWL) by divesting its entire 44 per cent stake in the joint venture to raise over $2 billion.

Adani Enterprises announced its decision to fully exit its joint venture with Wilmar International, known as Adani Wilmar, where it held a 44% stake.

Adani Enterprises plans to sell around 13% of its stake to meet public shareholding norms, while Wilmar International will purchase the remaining 31% stake.

Adani Enterprises will exit its joint venture with Wilmar International in a $2 billion deal. They plan to sell a 44% stake in Adani Wilmar Ltd. Part of the funds will be used to invest in green energy,

Adani Enterprises plans to raise over $2 billion by fully exiting its joint venture with Adani Wilmar. Read this article to know more!

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.

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,