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Adani to exit Wilmar Joint Venture, to sell 44% in FMCG company for $2 billion

IndiaTimes Monday, 30 December 2024
The Adani Group is selling its 44% stake in Adani Wilmar to Wilmar International for $2 billion, shifting focus to its core infrastructure business. This deal marks the end of Adani's 25-year foray into staples, following US accusations of securities fraud against Gautam Adani.
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