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

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for over USD 2 billion

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

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

The Proceeds from the sale will be utilized for turbocharging growth in the core infrastructure platforms in energy & utility, transport & logistics and other adjacencies in primary industry.

Adani Enterprises is set to exit a joint venture with Adani Wilmar and for that, it has signed an agreement with Wilmar International. Adani Enterprises on Monday informed stock exchanges that it will sell 13 per cent of Adani Wilmar to achieve minimum public shareholding requirements and Wilmar International

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.