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.

SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based Wilmar International in a deal valued at $2 billion. The divestment aligns with the Indian conglomerate’s focus on its core infrastructure business.

Adani Enterprises plans to raise over $2 billion by fully exiting its joint venture with Adani Wilmar. Read this article to know more!

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.

Adani Wilmar exports products such as rice, castor oil and oleochemicals to over 30 countries. Read more at straitstimes.com.

India’s Adani group will exit the consumer goods joint venture with Singapore’s Wilmar International in a deal valued at $2-billion as the Indian conglomerate focuses on core infrastructure business.

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,