Adani Wilmar shares rise 5.5% as company to acquire ‘Tops' parent GD Foods. At 9:45 am, Adani Wilmar stock was trading at ₹253.17 per share on National Stock Exchange (NSE).
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The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, and the remaining 20 per cent to be acquired over the next three years ...
Adani Wilmar Ltd.'s shares rose after the company signed an agreement with GD Foods Manufacturing India on Tuesday to acquire the owner of household cooking brand Tops.
At 9:45 am, Adani Wilmar stock was trading at ₹253.17 per share on National Stock Exchange (NSE). The acquisition will be executed in multiple tranches, with Adani Wilmar buying 80% of the ...
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Adani Wilmar is acquiring GD Foods, owner of the Tops brand, to enhance its kitchen essentials portfolio. Initially, it will acquire 80% of the compan ...
The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the value-added segment over time, MD & CEO Angshu Mallick said.
At 9:45 am, Adani Wilmar stock was trading at ₹253.17 per share on National Stock Exchange (NSE). The stock has fallen over 31.45 per cent in past one year and 31.54 per cent in past six months.
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