India's Adani Group to exit Wilmar joint venture


FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo

INDIA's Adani Group will exit its consumer goods joint venture with Singapore's Wilmar International, the two companies said on Monday, to focus on its infrastructure projects.

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

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Adani , Wilmar , joint venture

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