Adani Enterprises to Sell Stake in Adani Wilmar: A Strategic Move
Adani Enterprises has announced plans to divest its entire 44% stake in Adani Wilmar. It is a significant shift in its business strategy. The transaction, valued at around $2 billion, is part of Adani Group’s broader plan to refocus on its core infrastructure businesses. They are likely to concentrate more on energy, transportation, and logistics…