Singapore's Wilmar to buy 13% stake in India's AWL Agri for $529 million

Reuters

2025/11/11

Nov 11 (Reuters) - Singapore's Wilmar International WLIL.SI said on Tuesday its unit has agreed to purchase a 13% stake in India's AWL Agri Business AWLA.NS from Adani Commodities for 46.5 billion rupees ($529.04 million).

The unit Lence will buy 169 million shares in the consumer goods joint venture between Wilmar and Adani Group, it added.

($1 = 87.8950 Indian rupees)

(Reporting by Sneha Kumar in Bengaluru; Editing by Shailesh Kuber)

((Sneha.Kumar@thomsonreuters.com))

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