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Adani Group plans to sell up to a 20% stake in Adani Wilmar, aiming to raise $833 million.
The Adani Group plans to sell up to a 20% stake in Adani Wilmar to raise about $833 million, focusing more on infrastructure businesses.
Adani Commodities will first offer 13.5% of the company, with an option for an additional 6.5%.
This move helps the group comply with minimum public shareholding requirements and comes amid legal challenges in the US.
Retail investors can bid on January 13, following non-retail bids on January 10.
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Adani Group planea vender hasta un 20% de participación en Adani Wilmar, con el objetivo de recaudar 833 millones de dólares.