Adani Group to Raise $833 Million as It Exits JV With Wilmar
2 days ago · Adani Wilmar shares closed at 323.45 rupees in Mumbai, down 0.8%. Adani Commodities LLP, one of the founders of the company, will sell 175.45 million shares or a 13.5% stake, with a greenshoe option to offer another 84.5 million shares or 6.5%, the filing said.
Wilmar Latest News (SGX:F34) - SG investors.io
2 days ago · Several analysts have trimmed their target prices for Wilmar International F34 following its 3QFY2024 numbers that fell short of expectations, no thanks to lower margins, especially from its China businesses.
Adani Wilmar to become subsidiary of Wilmar International …
2 days ago · Wilmar International said in a stock exchange filing in December 2024 that it would acquire a maximum of 31.06 per cent stake in Adani Wilmar from Adani Group, at a maximum price of 305 rupees.
Adani Group raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar
1 day ago · Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore ...
India's Adani to sell up to 20% stake in Wilmar joint venture
2 days ago · Adani, which holds a nearly 44% stake in the joint venture with Singapore's Wilmar International , opens new tab, will sell up to 13.5% to the public in an offer for sale beginning Jan. 10, with ...
Adani Group to Raise $833 Million as It Exits JV With Wilmar
2 days ago · 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 ...
Brokers’ take: Analysts get more bearish on Wilmar ... - 商业时报
Nov 5, 2024 · ANALYSTS cut their price targets for Wilmar International on uncertainty in its China business, and after the company reported third-quarter earnings that showed net profit fell.
Singapore, August 13, 2024 – Wilmar International Limited (“Wilmar” or “the Group”), Asia’s leading agribusiness group, reported a 5% increase in core net profit to US$606.3 million for the six months ended June 30, 2024 (“1H2024”) (1H2023: US$577.2 million).
wilmar international Latest News & Headlines - The Business Times
Nov 5, 2024 · Wilmar raises its stake in Pakistan edible oils maker to 42.17%. WILMAR International has upped its effective stake in Unity Foods, a Pakistan-listed edible oils and industrial fats producer, to 42.17 per cent,...
Singapore's Wilmar third-quarter profit slumps 36% on weak …
Oct 30, 2024 · Singapore-listed Wilmar International reported a 35.7% fall in third-quarter core net profit on Wednesday, weighed down by weaker China and sugar division operations.