Adani exits AWL Agri for Rs 10,874 crore, Wilmar becomes majority owner with 64% stake - BusinessToday
businesstoday.in
Adani exits AWL Agri for Rs 10,874 crore, Wilmar becomes majority owner with 64% stake - BusinessToday
Adani Commodities, a subsidiary of Adani Enterprises, currently holds 30.42% in AWL Agri. Of this, 20% will be sold to Lence Pte Ltd — Wilmar’s Singapore unit — at Rs 275 per share for Rs 7,150 crore.
10 months ago
Adani Wilmar Products
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Adani, Wilmar Reportedly May Sell Part of their Stake in AWL to Private Equity Firms
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Adani Wilmar Ltd is a leading FMCG company known for its edible oils, food products, and essential household staples under well-known brands like Fortune. The company operates across India with a strong distribution network and a wide consumer base. 🛒 Adani Group has sold its remaining 7% stake in Adani Wilmar Ltd through a block deal. 📉 The shares were purchased by both domestic and international institutional investors, concentrating ownership under Wilmar International. 🌍 How do you view t
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Adani Wilmar Ltd is a leading FMCG company known for its edible oils, food products, and essential household staples under well-known brands like Fortune. The company operates across India with a strong distribution network and a wide consumer base. 🛒 Adani Group has sold its remaining 7% stake in Adani Wilmar Ltd through a block deal. 📉 The shares were purchased by both domestic and international institutional investors, concentrating ownership under Wilmar International. 🌍 How do you view t
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