Ventura, which maintained a target price of Rs 3,801 on Adani Enterprises, noted that the transaction marks AEL's first major move since the US Department of Justice (DOJ) indictment in November 2024,

India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the Indian conglomerate's first major transaction since the U.

Adani Group announced its exit from the FMCG joint venture with Wilmar by selling its stake in Adani Wilmar for over USD 2 billion. The sale is part of its strategy to bolster its core infrastructure businesses.

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,

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.