Brief: Adani Enterprises To Exit Adani Wilmar JV, Signs Agreement With Wilmar International

Wilmar International

30/12/2024 09:53

Dec 30 (Reuters) - Adani Enterprises Ltd  ADEL.NS :
    * ADANI ENTERPRISES LTD - AEL TO EXIT ADANI WILMAR JV SIGNS
AGREEMENT WITH WILMAR INTERNATIONAL
    * ADANI ENTERPRISES LTD - AEL WILL SELL 13% IN ADANI WILMAR
LTD TO
ACHIEVE MINIMUM PUBLIC SHAREHOLDING
    * ADANI ENTERPRISES LTD - AEL WOULD COMPLETELY EXIT ITS 44%
HOLDING IN ADANI WILMAR
    * ADANI ENTERPRISES -  PROCEEDS FROM SALE WILL BE UTILIZED
FOR
TURBOCHARGING GROWTH IN CORE INFRASTRUCTURE PLATFORMS
    * ADANI ENTERPRISES-  WILMAR INTERNATIONAL AGREED TO ACQUIRE
ABOUT
31% HELD BY AEL IN ADANI WILMAR


Source text:  ID:nBSE3lbTX9 
Further company coverage:  ADEL.NS 

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