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 will ...

Adani Group's flagship company Adani Enterprises plans to raise up to Rs175bn (US$2bn) in total from the sale of a 13% stake in Adani Wilmar on the Indian stock exchanges and the sale of a further 31% ...

Adani Wilmar Ltd., with its Singaporean JV partner Wilmar International Ltd. in a deal, which is reportedly worth $2 billion. Shares of Adani Enterprises Limited or AEL dropped around 3 percent in ...

Adani Wilmar’s popular brands include Fortune and Kohinoor. Credit: PradeepGaurs/Shutterstock. Wilmar International is to acquire a chunk of the shares held in ...

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 ...

(AEL) is selling its entire 44% stake in Mumbai-listed Adani Wilmar in a $2 billion multi-phased deal with partner Wilmar International, the Singapore-based palm oil giant backed by Malaysian ...

Adani Wilmar share price plunged nearly 8% in early trade on Tuesday after Adani Enterprises announced it would exit its joint venture with Singapore’s Wilmar group. Adani Wilmar shares declined ...

Adani group is completely exiting Adani Wilmar Ltd by selling its 43.94% stake. A 31.06% stake will be sold to Wilmar International, raising Rs 12,314 crore, and 13% through the open market.

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 ...