Adani, Wilmar International

Adani Wilmar to become subsidiary of Wilmar International after share sale
Adani Group, a port-to-power conglomerate that holds a nearly 44 per cent stake in Adani Wilmar, will sell up to 13.5 per cent to the public in a sale offer beginning on Jan 10, with an option to sell an additional 6.5 per cent, making up the 20 per cent.
Adani Wilmar shares crash 9% as promoter looks to sell up to 20% stake via OFS
Adani, which holds nearly 44% stake, will sell up to 13.5% to the public in an offer for sale beginning Jan 10, with an option to sell an additional 6.5%
Adani to Raise Rs 7,148 Crore from Adani Wilmar Stake Sale
The offer for sale (OFS) will include an option to additionally sell up to 8.44 crore shares or 6.50 per cent equity.
Adani Group to Raise $833 Million as It Exits JV With Wilmar
The Adani Group will raise 71.48 billion rupees ($833 million) by selling up to 20% stake in Mumbai-listed Adani Wilmar Ltd. as it exits non-core activities to focus on the bread-and-butter infrastructure businesses.
Adani Wilmar Stock Plummets 9% As Promoter Plans To Sell Upto 20% Stake Via OFS
The share price of Adani Wilmar plunged nearly 9 per cent in the Friday trading session after its promoter entity Adani Commodities LLP declared its plans to divest up to 20 per cent of its stake in the company through an offer-for-sale (OFS).
Adani Wilmar's OFS for 20% stake opens January 10, floor price Rs 275 per share
The OFS will have a base offer of 13.5% equity and a green shoe option for another 6.5% stake, a company filing said on January 9.
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bln deal
The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123.14 billion rupees ($1.44 billion) as the Indian conglomerate sharpens its focus on infrastructure projects.
Adani Wilmar OFS: Share price tanks 10% as promoter plans to sell 20% stake
Adani Wilmar shares fell over 9% on Friday, January 10, as the two-day offer-for-sale (OFS) by promoter Adani Commodities LLP kicks off. Read on to find out why the stock declined.
Adani raises offer-for-sale size to 20% in Wilmar JV
MUMBAI: Adani Group has decided to increase the size of its offer for sale (OFS) to offload part of its stake in Adani Wilmar to 20 per cent from 13 per cent announced earlier, due to strong demand from institutional investors.
Adani Commodities To Exit 20% Stake In Adani Wilmar Via Offer For Sale
Days after announcing its exit from Adani Wilmar, Adani Commodities is all set to sell a 20 per cent stake in the company via an offer for sale (OFS) route. In an exchange filing, Adani Commodities LLP,
Adani Wilmar OFS: Gautam Adani-led group to dilute 20% more stakes in JV - Check floor price, retail portion
An additional option to sell up to 8.44 crore shares will be included in the offer for sale (OFS) or 6.5% of equity shares. The port-to-power conglomerate, which owns 43.94 percent of the joint venture,
India's Adani to sell up to 20% stake in Wilmar joint venture
India's Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate ...
Adani Wilmar Stock Tanks 10%: What Triggered The Downfall
Markets regulator Sebi rules mandate that large firms must have at least 25 per cent of shares available to the public within ...
The Edge Singapore5h
Aletheia Capital upgrades Wilmar to 'buy' from 'sell' on higher margins and Adani JV acquisition
Nirgunan Tiruchelvam of Altheia Capital has turned bullish on Wilmar International following news that it will be taking ...
Wilmar’s Strategic Acquisition of Adani Wilmar: Growth Prospects and Shareholder Value Amidst Neutral Short-term Impact
Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener ...
The Pioneer5h
Adani Wilmar stock tanks nearly 10 pc
Shares of Adani Wilmar tumbled nearly 10 per cent on Friday morning following news that the Adani Group will raise Rs 7,148 crore from the sale of up to 20 per cent stake in the FMCG firm in the open ...
Wilmar International (OTCMKTS:WLMIY) Sets New 12-Month Low – Here’s What Happened
Wilmar International Limited (OTCMKTS:WLMIY – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $21.74 and last traded at $22.70, ...
Eco-business4d
Wilmar reaffirms sustainability leadership with continued inclusion in DJSI
Wilmar International Limited (“Wilmar” or “the Group”) has maintained its reputation as a global sustainability leader, ...
After Gautam Adani exits Adani Wilmar, company reveals its future business strategy, plans to expand…
Following the exit of the Adani Group, Wilmar may further capitalise on this approach by introducing more global FMCG brands ...