Adani Group hits masterstroke! Adani Group hits masterstroke! The group confirmed the deal to acquire Holcim’s stake in Ambuja Cements and ACC Ltd for $10.5 billion or Rs 81,361 crore. Holcim owns 63.19 per cent in Ambuja Cements and 4.48 per cent in ACC Limited. Mandar Wagh / Monday, May 16, 2022 0 855 Article rating: 4.8 The group confirmed the deal to acquire Holcim’s stake in Ambuja Cements and ACC Ltd for $10.5 billion or Rs 81,361 crore. Holcim owns 63.19 per cent in Ambuja Cements and 4.48 per cent in ACC Limited. Read more
Big deal in the cement space: Adani Group buys out Holcim cement assets in India! Big deal in the cement space: Adani Group buys out Holcim cement assets in India! Interestingly, the deal is at a premium to Friday’s closing price. Karan Dsij / Monday, May 16, 2022 0 541 Article rating: 5.0 During the weekend while many of us were busy partying or maybe completing some unfinished household work, Adani Group was busy striking a deal! Read more