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Adani Group to Raise $833 Million as It Exits JV With Wilmar

Markets

Sanjai P R

·

January 9, 2025

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Bloomberg

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.

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