Adani to raise over $2 bn in exit from Adani Wilmar
Hindustan Times Gurugram|December 31, 2024
Out of 43.94% stake, AEL will sell 31.06% to Wilmar International, and the rest to public
Nehal Chaliawala

MUMBAI: Adani Enterprises Ltd (AEL) is exiting its 26-year joint venture with Singapore's Wilmar group, raising over $2 billion that it will invest in core businesses such as energy and utilities.

The Adani Group flagship on Monday said it will sell its entire 43.94% stake in Adani Wilmar Ltd—31.06% stake to its partner Wilmar International, and the balance to the public. The latter transaction will also raise public shareholding in Adani Wilmar to 25%, the mandatory minimum.

هذه القصة مأخوذة من طبعة December 31, 2024 من Hindustan Times Gurugram.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 31, 2024 من Hindustan Times Gurugram.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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