Adani, Wilmar International

Adani Wilmar's Bold Exit: Adani Sells Entire Stake to Wilmar in Surprising Move
Adani Group exits its joint venture, Adani Wilmar, by selling its entire stake to Wilmar International and in the open market for over USD 2 billion. This move led to a significant drop in share prices.
India's Adani Wilmar falls on Adani group's plan to offload stake
India's Adani Wilmar fell over 6% in early trade on Tuesday, a day after the Adani Group said it would sell its entire 44% stake in the consumer goods company in a $2 billion deal to focus on strengthening its infrastructure businesses.
Billionaire Gautam Adani To Raise $2 Billion From Sale Of Adani Wilmar Stake
Indian billionaire Gautam Adani’s Adani Enterprises is selling its entire stake in Mumbai-listed Adani Wilmar in a $2 billion multi-phased deal with partner Singapore-based Wilmar International.
Adani Enterprises to exit Adani Wilmar via up to $2bln deals: IFR
In a stock exchange announcement, Adani Enterprises said that Lence, a subsidiary of Singaporean food processing company Wilmar International, has agreed to buy 403.7m shares of Adani Wilmar
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bln deal
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.
Billionare Adani To Exit From Wilmar JV In $2 Bln Deal; Stocks Down
Indian billionaire Gautam Adani's conglomerate is exiting from its food FMCG joint venture, Adani Wilmar Ltd., with its Singaporean
Adani Wilmar shares tumble 8% after Adani’s exit
Shares of Adani Wilmar hit a low of ₹303.30 on the BSE, taking the market cap of Fortune edible oil producer to under ₹40,000 crore.
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 billion deal
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.
Adani Group to divest $2bn stake in Wilmar joint venture
First major capital raise since US indicted billionaire Gautam Adani and associates in an alleged bribery scheme
Adani Wilmar share slips 7.5% after Adani announces exit from joint venture
Adani Wilmar Ltd's shares dropped over 7 percent on Tuesday (Dec. 31) after Adani Enterprises revealed its decision to depart the joint venture with Wilmar.
Adani to exit Wilmar Joint Venture, to sell 44% in FMCG company for $2 billion
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,
GlobalData on MSN3h
Wilmar to buy shares in India JV from departing partner Adani Enterprises
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Business Times2d
Stocks to watch: Wilmar International, Dasin Retail Trust
THE following companies saw new developments that may affect the trading of their securities on Tuesday (Dec 31): Read more ...
Fortune India1d
Fortune India Exclusive: Open to new partner, M&As in India, says Wilmar’s Kuok Khoon Hong
In an exclusive interview with Fortune India, Kuok Khoon Hong, 75, chairman and CEO, Wilmar International, confirmed the group's plans.
ndtvprofit1d
Adani Wilmar Shares Bounce Back From Tuesday's Losses After $2-Billion Stake Sale
Shares of Adani Wilmar Ltd. recovered from Tuesday's plunge after the billionaire Gautam Adani's flagship announced a $2 ...
JPMorgan maintains 'Underweight' rating on Adani Wilmar; share tanks 8%
The sharp decline was triggered by reports revealing that JPMorgan, the New York-based financial giant, maintained its ...