Wilmar, GQG, Qatar fund vie for Adani Wilmar stake
Deal likely at $2-2.2 bn; no single buyer may acquire entire stake
Source: livemint.com
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Top News In Adani Commodities Today - Breaking & Trending Today
Adani Group Weighs Stake Sale in FMCG Joint Venture with Wilmar
The Adani Group is in early stages of exploring a stake sale in its fast-moving consumer goods (FMCG) joint venture Adani Wilmar Ltd, said sources aware of the development.
Source: indiatimes.com
Adani Group: Adani Group weighs stake sale in FMCG joint venture with Wilmar
The 50:50 joint venture (JV) between Adani and Wilmar was set up in 1999. The company raised Rs 3,600 crore by way of an initial public offering in February 2022, bringing the stake of the two JV partners down to 43.97% each.
Source: indiatimes.com
Morning Scan: All the big stories to get you started for the day
A round-up of top newspaper stories to keep you ahead of others.
Source: moneycontrol.com
Mukesh Ambani overtakes Gautam Adani to become richest Indian again
Mukesh Ambani has been ranked as the 10th richest person both by Forbes Rich List and Bloomberg Billionaires Index.
Source: businesstoday.in