Adani to exit Wilmar Joint Venture

Adani Wilmar shares tanks 6 per cent as conglomerate set to exit from FMCG joint venture
The stock ended 6.45 per cent lower at Rs 308.25 apiece on the BSE. During the day, it tanked 7.95 per cent to Rs 303.30
Adani to exit consumer goods venture Adani Wilmar in $2 billion deal
The funds from the stake sale will strengthen the incubation capacity of AEL and further sharpen the focus on consumer services under airports and Adani Digital.
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.
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 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
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.
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,
India's Adani Green CEO to step down for new role in group
Adani Green Energy's chief executive officer Amit Singh will step down to take up the role of the chief of the international ...
Stalin govt scraps smart meter tender amid allegations of favour to Adani
The decision of scrapping the tender has been taken by the Tamil Nadu Generation and Distribution Corporation (Tangedco). The ...
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Tamil Nadu cancels Adani's smart meter tender over high costs
Tamil Nadu has scrapped a smart meter tender from Adani's AESL due to high costs, with plans to reissue the tenders soon.
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Tamil Nadu govt cancels Adani Energy Solutions’ smart meter tender
The Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart meters, citing the ...
TN cancels smart metre tender awarded to Adani Energy
Chennai: T he Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart metres, ...
In a blow to Adani, Tamil Nadu scraps smart meter tender in shadow of row
Stalin govt cites “high costs” quoted by Adani Energy Solutions Ltd even though it was the “lowest bidder”; cancels tenders ...
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 ...
Adani Loses Smart Electricity Metre Contract As Stalin-Led Tamil Nadu Government Revokes Order Amid Bribe Allegations
The Adani Group suffered a blow when the DMK-led Tamil Nadu government canceled its international smart meter procurement tender, even though Adani Energy Solutions Ltd (AESL) was the 'lowest ...