Adani Wilmar shares dive 8% as AEL set to exit from JV

AEL To Exit Adani Wilmar JV, Signs Agreement With Wilmar International
Adani Enterprises Limited has been agreed between the parties that AEL will divest ~13% of shares in Adani Wilmar to achieve compliance with minimum public shareholding requirements.
Adani Wilmar shares dive 8% as AEL set to exit from JV; check analyst views & targets
Shares of Adani Wilmar tumbled 8 per cent on Tuesday after Gautam Adani led conglomerate decided to exit the 25-year-old joint venture with Wilmar International.
Adani Enterprises plans its Wilmar joint venture exit
Adani Enterprises plans to sell around 13% of its stake to meet public shareholding norms, while Wilmar International will purchase the remaining 31% stake.
AEL to exit Adani Wilmar JV
AEL will sell 13% in Adani Wilmar Ltd to achieve minimum public shareholding requirements and Wilmar International has agreed to acquire 31% held by AEL in Adani Wilmar Ltd
Adani Enterprises shares: What Ventura says on Adani Wilmar JV exit, target price
Ventura, which maintained a target price of Rs 3,801 on Adani Enterprises, noted that the transaction marks AEL's first major move since the US Department of Justice (DOJ) indictment in November 2024,
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.
Billionare Adani To Exit From Wilmar JV In $2 Bln Deal; Stocks Down
Indian billionaire Gautam Adani's conglomerate is exiting from its food FMCG joint venture, Adani Wilmar Ltd., with its Singaporean
Adani Enterprises to raise over $2 billion after exiting from Adani Wilmar JV
Adani Enterprises Ltd (AEL) on Monday announced that it will exit Adani Wilmar Ltd (AWL) by divesting its entire 44 per cent stake in the joint venture to raise over $2 billion.
Adani Wilmar shares in focus as Adani Enterprises to exit Wilmar JV in $2 billion deal
Adani Enterprises will exit its joint venture with Wilmar International in a $2 billion deal. They plan to sell a 44% stake in Adani Wilmar Ltd. Part of the funds will be used to invest in green energy,
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