Adani Group and Wilmar International in Discussions to Divest Minority Stake in Adani Wilmar Ltd
Tuesday, 16 July 2024, 14:14
About the Adani-Wilmar Divestment
Adani Group and Wilmar International are in discussions to sell a minority stake in Adani Wilmar Ltd. The joint venture between the two companies is exploring the possibility of divesting a $670 million stake to meet shareholding regulations.
Key Points:
- Stake Sale: Adani and Wilmar are considering divesting a significant stake in their joint venture.
- Regulatory Compliance: The potential divestment is driven by the need to adhere to shareholding regulations.
This divestment could reshape the ownership structure of Adani Wilmar Ltd, impacting both companies strategically.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.