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Adani, Wilmar may sell part of their stake in AWL to private equity firms

Business Standard


The Adani group and Singapore’s Wilmar International are learnt to have approached several private equity (PE) firms to sell part of their stake in their consumer-staple joint venture, Adani Wilmar.  


Top executives of some of these PE firms told Business Standard that the two partners, which own 44 per cent each in Adani Wilmar, have offered them a majority stake.


The Adani group and Wilmar International declined to…


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