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Indias Adani group to exit consumer goods joint venture with Singapores 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.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 30

Introduction

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.

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Read more: Indias Adani group to exit consumer goods joint venture with Singapores Wilmar in $2 bln deal