Adani, Wilmar to start stake sale in joint venture next month
- Posted on September 16, 2024
- By Business News Today
- 3 Views
Adani, Wilmar to start stake sale in joint venture next month
Adani Enterprises and Wilmar International plan to sell a 13% stake in their joint venture, Adani Wilmar, to comply with Indian shareholding regulations. The sale could be completed in one or two tranches by February. Adani Wilmar's stock rose on the news.
