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One Adani-Ambani battlefield that Gautam Adani could be exiting

Adani is expecting $2.5-3 billion for the stake in the joint venture with Singapore-based Wilmar International, which too owns 43.97% of the company, they said. A deal is likely to be finalised within a month, though neither of the companies has confirmed it. ....

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Adani Group Contemplates Selling Stake in FMCG Joint Venture with Wilmar

Adani Group Contemplates Selling Stake in FMCG Joint Venture with Wilmar
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Adani Group Weighs Stake Sale in FMCG Joint Venture with Wilmar

The Adani Group is in early stages of exploring a stake sale in its fast-moving consumer goods (FMCG) joint venture Adani Wilmar Ltd, said sources aware of the development. ....

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Adani Group: Adani Group weighs stake sale in FMCG joint venture with Wilmar

The 50:50 joint venture (JV) between Adani and Wilmar was set up in 1999. The company raised Rs 3,600 crore by way of an initial public offering in February 2022, bringing the stake of the two JV partners down to 43.97% each. ....

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Adani Green Energy Ltd (AGEL) | INQ Holdings LLC acquires nearly 2.7 per cent in Adani Green Energy Ltd for Rs 3,920 crore

INQ’s stake in Adani Green follows another investor GQG Partners raising its stake in the company ....

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