Wilmar Agrees to Buy Adani's 31% of Adani Wilmar as Adani Exits
Wilmar InternationalCONFIRMED88% CONFIDENCEWilmar's release is dated 'Singapore, 30 December 2024' and Adani Enterprises says the parties 'entered into an agreement on 30 December 2024'; its media release reached NSE at 15:13 IST that day.[1]
Wilmar's Lence Pte signs an option to buy up to 31.06% of Adani Wilmar from Adani Commodities at no more than Rs 305 a share, while Adani sells about 13% to the public, ending the Adani half of the Fortune joint venture.
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