Billionaire Gautam Adani to raise $2 billion by selling stake in Adani Wilmar
Adani Wilmar factory in Gujarat, India. © 2023 Bloomberg Finance Adani Enterprises Ltd (AEL), owned by Indian billionaire Gautam Adani, is in a $2 billion multi-billion-dollar deal with partner Wilmar International, the Singaporean palm oil giant backed by Malaysian tycoon Robert Kuok. stage transaction to sell its entire 44% stake in Mumbai-listed Adani Wilmar.
