AWL will acquire 80% of GD Foods in the first tranche, with the remaining 20% to be acquired over three years.
Adani Wilmar shares rise 5.5% as company to acquire ‘Tops’ parent GD Foods. At 9:45 am, Adani Wilmar stock was trading at ...
The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, ...
The acquisition is expected to strengthen Adani Wilmar’s position in the fast-moving consumer goods (FMCG) sector by ...
Adani Wilmar has a pan-India presence, particularly in North India and post the acquisition, the company will be able to ...
Angshu Mallick, MD and CEO of Adani Wilmar, said that improving distribution efficiency and increasing sales volumes will be key to boosting margins.
The Times of India on MSN1d
Adani Wilmar to acquire GD Foods
Adani Wilmar is acquiring GD Foods, owner of the Tops brand, to enhance its kitchen essentials portfolio. Initially, it will ...
The acquisition will be executed in multiple tranches, with Adani Wilmar buying 80% of the shares in the first tranche at an ...
Majority of Adani Group stocks including Adani Green Energy, Adani Enterprises, Adani Ports, ACC, Adani Wilmar and ATGL ...
Shares of several companies including Adani Wilmar, IHCL, Power Grid, Tata Motors, Tata Power, GMR Airports, and Bajaj Auto, ...
The edible oil major also said the 'Tops' brand is among the top three players in the tomato ketchup and pickles category ...
The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the ...