stake sale
Chinese Payments App Alipay To Sell Its 3.4% Stake In Zomato For Nearly $400 Mn
Brands Companies Finance International News

Chinese Payments App Alipay To Sell Its 3.4% Stake In Zomato For Nearly $400 Mn

Chinese payment group Alipay, a subsidiary of Ant Group, is reportedly planning to divest its 3.4 per cent stake in the food delivery platform Zomato for approximately USD 400 million through block deals on Indian stock exchanges, the news agency Reuters reported. Alipay is set to sell its entire 3.44 per cent stake in the […]

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Adani Wilmar Profit Drops 18% YoY, Revenue Down 17% In Q3
Brands Companies News

ITC Considers Re-entry Into Edible Oil Market With Adani Wilmar Stake Acquisition

In a surprising turn of events, it has been reported that Kolkata-based conglomerate ITC is contemplating a potential re-entry into the edible oil business, nearly two decades after it divested its edible oil plant in Andhra Pradesh to Adani Wilmar. According to media reports, ITC’s interest in Adani Wilmar has been sparked by its growing […]

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Adani Ports And Special Economic Zone Acquires Gopalpur Port In Odisha For Rs 3,080 Cr
Brands Companies News

Adani Group In Talks To Sell Entire Stake In Adani Wilmar

The Adani Group, led by Gautam Adani, is reportedly in discussions to divest its complete 43.97 per cent stake in Adani Wilmar, with the deal anticipated to be finalised within a month, as reported by a media house. Adani Wilmar, the owner of well-known brands like Fortune Oil and packaged groceries, is expected to fetch […]

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