Adani Group to Sell Stake in Wilmar JV, to Fetch $2 Billion
Financial Express Chandigarh|December 31, 2024
The exit will take place in two phases. Lence will buy 31.06% stake held by ACL through a call and put option, while Adani Enterprises will divest 13% of its shareholding to ensure compliance with the minimum public shareholding norms.

"The price of shares is to be mutually agreed by the parties in writing, provided that such price per share shall not exceed ₹305," disclosures filed by Adani Wilmar to the exchanges regarding the sale of ACL's shareholding in the FMCG JV indicated.

Bu hikaye Financial Express Chandigarh dergisinin December 31, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Chandigarh dergisinin December 31, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS CHANDIGARH DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Chandigarh

White-collar hiring up 9% in December

AI/ML, OIL & GAS, FMCG MAJOR GROWTH DRIVERS

time-read
2 dak  |
January 03, 2025
Financial Express Chandigarh

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

time-read
1 min  |
January 03, 2025
Financial Express Chandigarh

Climate change mitigation needs funding

At the fourth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Amitabh Sinha, Editor (Climate and Science), panellists discussed how municipal bodies can leverage capital markets to solve climate-related problems

time-read
3 dak  |
January 03, 2025
Financial Express Chandigarh

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

time-read
3 dak  |
January 03, 2025
Financial Express Chandigarh

Norms for capex release...

THE BALANCE OF ₹55,000 crore is untied advances to states for projects identified by the states.

time-read
2 dak  |
January 03, 2025
Financial Express Chandigarh

Indices soar nearly 2%

EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.

time-read
1 min  |
January 03, 2025
Financial Express Chandigarh

Rein in tax terrorism

WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS

time-read
4 dak  |
January 03, 2025
Financial Express Chandigarh

When big idea met big tech

AI IN ADVERTISING

time-read
1 min  |
January 03, 2025
Financial Express Chandigarh

A 'Made in China' crisis awaits big auto

When Jaguar's \"COPY nothing\" brand reboot hit late last year, one self-styled car enthusiast replied on X: \"What the actual hell is this?\" Jaguar's response: \"The future.\" That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what's coming for the global auto industry.

time-read
2 dak  |
January 03, 2025
Financial Express Chandigarh

H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

time-read
2 dak  |
January 03, 2025