India's Adani Group to exit Wilmar joint venture

Reuters

2024/12/30

Dec 30 (Reuters) - India's Adani Group said on Monday it will exit Adani Wilmar ADAW.NS, its consumer goods joint venture with Singapore's Wilmar International WLIL.SI.

Adani Enterprises ADEL.NS, the group's flagship firm, will sell a 13% stake, with the remaining 31% going to Wilmar.

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Janane Venkatraman)

((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))

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