Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gautam Adani’s conglomerate will divest its 44 per cent stake in a joint venture food business with ...
Adani Enterprises Ltd (AEL) is exiting its joint venture Adani Wilmar Ltd (AWL ... sugar as also other consumer products like soap, under the `Fortune’ brand. AWL also exports these to more ...
This acquisition is likely to enhance Wilmar’s growth prospects as Adani Wilmar is experiencing ... and downstream products like wheat and rice noodles in consumer pack, medium pack and in ...
The price is a 7.2% discount to Adani Wilmar as of Monday's close and values the portion being sold to Wilmar at $1.44 billion. Adani will sell its remaining 13% stake in the edible oil maker in ...
(Reuters) -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 ...