Wilmar International plans to increase stake in Adani Wilmar
1 day ago · It will acquire 403.7 million shares. Wilmar International, via its subsidiary Lence, will acquire shares from Adani Commodities LLP (ACL) to increase its stake in Adani Wilmar Limited (AWL).. Lence will acquire 403.7 million shares, representing 31.06% of the existing paid-up equity share capital of Adani Wilmar Limited.
Adani Plans $2 Billion Exit From India Venture With Wilmar
Dec 30, 2024 · The Adani Group will exit from Mumbai-listed Adani Wilmar Ltd. in a $2 billion multi-phased deal by selling its stake in its consumer joint venture, as the conglomerate’s flagship focuses on its ...
Adani to exit Wilmar Joint Venture, to sell 44% in FMCG company …
Dec 30, 2024 · India Business News: The Adani Group is selling its 44% stake in Adani Wilmar to Wilmar International for $2 billion, shifting focus to its core infrastructure business. T
Adani Wilmar shares slide 7% as Adani Enterprises announces exit …
Dec 31, 2024 · Adani Wilmar shares fell 7.2% in early trade on Tuesday, reaching an intraday low of Rs 305.65 on the BSE, as Adani Enterprises (AEL) prepares to exit its 25-year-old joint venture with Wilmar International through a $2 billion deal. AEL intends to redirect the proceeds toward strengthening its core infrastructure platforms, including energy, utilities, transport, and logistics.
India's Adani group to exit consumer goods joint venture with …
Dec 30, 2024 · India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business.
Adani Group to divest $2bn stake in Wilmar joint venture
Dec 30, 2024 · Gautam Adani’s conglomerate will divest its 44 per cent stake in a joint venture food business with Singapore’s Wilmar International to focus on its core infrastructure arm, weeks after the US ...
Singapore, August 13, 2024 – Wilmar International Limited (“Wilmar” or “the Group”), Asia’s leading agribusiness group, reported a 5% increase in core net profit to US$606.3 million for the six months ended June 30, 2024 (“1H2024”) (1H2023: US$577.2 million).
Wilmar International Ltd | Reuters
Nov 26, 2024 · Singapore-listed Wilmar International reported a 35.7% fall in third-quarter core net profit on Wednesday, weighed down by weaker China and sugar division operations.
Singapore, February 21, 2024 – Wilmar International Limited (“Wilmar” or “the Group”), Asia’s leading agribusiness group, reported core net profit of US$989.3 million for the half year ended December 31, 2023 (“2H2023”) (2H2022: US$1.26 billion), with improved performance from Plantations & Sugar Milling and Food Products but weaker performance ...
Singapore's Wilmar third-quarter profit slumps 36% on weak …
Oct 30, 2024 · Singapore-listed Wilmar International reported a 35.7% fall in third-quarter core net profit on Wednesday, weighed down by weaker China and sugar division operations.