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

Adani Enterprises Limited has decided to exit its 44 per cent stake in Adani Wilmar Limited in a phased manner. The first phase involves selling up to 31.06 per cent of its shares to Lence Pte Limited,

Adani Enterprises is set to exit a joint venture with Adani Wilmar and for that, it has signed an agreement with Wilmar International.

Adani Wilmar to undergo name change post-divestment. After the divestment, steps will be taken to rename the company from Adani Wilmar. The new names being considered are 'AWL Lim

Adani Enterprises and its wholly-owned subsidiary, Adani Commodities LLP (ACL), have entered into an agreement with Lence Pte Ltd, a fully-owned subsidiary of Wilmar International.

Adani Enterprises says the funds will be deployed to strengthen its core infrastructure businesses in energy, logistics, and digital platforms

The Adani Group will exit from Mumbai-listed Adani Wilmar Ltd. in a $2 billion multi-phased deal by selling its stake in its consumer joint venture, as the conglomerate’s flagship focuses on its core infrastructure businesses.

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

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.