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Adani Group Launches Rs 31,000 Crore Open Offer For ACC, Ambuja Cements
Adani group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements.
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Adani Group Makes $3.9 Billion Open Offer For Two Cement Firms After Approval
Adani Group has received regulatory approval for an almost 311.6 billion rupees ($3.9 billion) open offer to buy the remaining shares of two Indian cement makers
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Anti-Trust Body Approves Adani Group's Acquisition Of ACC, Ambuja Cements
The Competition Commission of India (CCI) has given its approval for the acquisition of Holcim's stake in Ambuja Ltd and ACC Ltd by the Adani Group.
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How Holcim Units, Other Cement Firms Fixed Prices: Report
Swiss giant Holcim's India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included regularly inspecting one another to ensure there was no breach of the agreements, according to a federal antitrust probe.
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Adani's Holcim Acquisition Doubled Corporate Sector's Deal Value In May: Report
India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, helped by acquisition of Holcim by Adani Group
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Opinion: An Old-Money Billionaire Rises up Against Gautam Adani
Gautam Adani's meteoric rise to the world's ninth-richest person began with a port on India's west coast in the 1990s
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UltraTech Cement To Pump In Rs 12,886 Crore Towards Capacity Expansion: 10 Points
In a major announcement, UltraTech Cement on Thursday announced an investment of Rs 12,886 crore towards capacity expansion to enhance its total production. The decision was approved by the board of Aditya Birla Group's entity.
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No Tax On $6.38 Billion Deal With Adani Group, Says Swiss Company
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free.
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After $10.5 Billion Deal, Gautam Adani's Open Offer, Priced $6.5 Billion
A day after announcing $10.5 billion deal to acquire Holcim's India business, the Adani family has made an open offer to acquire a 26 per cent stake each in its two listed companies Ambuja Cements and ACC Ltd from public shareholders.
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Gautam Adani's New $10.5 Billion Deal: A 10-Point Guide
Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion (around Rs 81,361 crore). This will be the largest-ever acquisition. Under the deal, Holcim will sell its 63 per cent stake in Ambuja Cements to Adani Group. Adani will also inherit Ambuja's controlling stake in another pu...
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Adani Forges $10.5 Billion Deal And Forays Into Cement Production: Highlights
Adani Group buys Holcim's stake in Ambuja cements and its subsidiary ACC in the most expensive ever, with a price tag of $10.5 billion (around Rs 81,361 crore). That marks the ports-to-energy conglomerate's entry into the cement sector and makes it the second-largest cement producer in the country.
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Adani To Acquire Holcim India Assets, Become 2nd Largest In India's Cement Sector
The group last year set up two cement subsidiaries - Adani Cementation Ltd which was planning to set up two cement units at Dahej in Gujarat and Raigarh in Maharashtra; and Adani Cement Ltd.
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Why It Makes Sense For Adani To Buy Out Holcim's India Stake
The synergies that can emerge from Adani's buy-out of Holcim's stake in India can be tremendous.
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Adani Group In Talks To Buy Holcim's India Cement Business: Report
Billionaire Gautam Adani's conglomerate Adani Group is in talks to buy Holcim's cement business in India
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Ambuja Cements, ACC Gain On Cabinet Nod For Holcim Deal
Shares of Ambuja Cements and ACC gained as much as 2 per cent on Thursday after the Cabinet approved Ambuja Cements' proposal to buy 24 per cent stake in its holding company Holcim India.
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Adani Group Launches Rs 31,000 Crore Open Offer For ACC, Ambuja Cements
Adani group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements.
-
Adani Group Makes $3.9 Billion Open Offer For Two Cement Firms After Approval
Adani Group has received regulatory approval for an almost 311.6 billion rupees ($3.9 billion) open offer to buy the remaining shares of two Indian cement makers
-
Anti-Trust Body Approves Adani Group's Acquisition Of ACC, Ambuja Cements
The Competition Commission of India (CCI) has given its approval for the acquisition of Holcim's stake in Ambuja Ltd and ACC Ltd by the Adani Group.
-
How Holcim Units, Other Cement Firms Fixed Prices: Report
Swiss giant Holcim's India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included regularly inspecting one another to ensure there was no breach of the agreements, according to a federal antitrust probe.
-
Adani's Holcim Acquisition Doubled Corporate Sector's Deal Value In May: Report
India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, helped by acquisition of Holcim by Adani Group
-
Opinion: An Old-Money Billionaire Rises up Against Gautam Adani
Gautam Adani's meteoric rise to the world's ninth-richest person began with a port on India's west coast in the 1990s
-
UltraTech Cement To Pump In Rs 12,886 Crore Towards Capacity Expansion: 10 Points
In a major announcement, UltraTech Cement on Thursday announced an investment of Rs 12,886 crore towards capacity expansion to enhance its total production. The decision was approved by the board of Aditya Birla Group's entity.
-
No Tax On $6.38 Billion Deal With Adani Group, Says Swiss Company
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free.
-
After $10.5 Billion Deal, Gautam Adani's Open Offer, Priced $6.5 Billion
A day after announcing $10.5 billion deal to acquire Holcim's India business, the Adani family has made an open offer to acquire a 26 per cent stake each in its two listed companies Ambuja Cements and ACC Ltd from public shareholders.
-
Gautam Adani's New $10.5 Billion Deal: A 10-Point Guide
Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion (around Rs 81,361 crore). This will be the largest-ever acquisition. Under the deal, Holcim will sell its 63 per cent stake in Ambuja Cements to Adani Group. Adani will also inherit Ambuja's controlling stake in another pu...
-
Adani Forges $10.5 Billion Deal And Forays Into Cement Production: Highlights
Adani Group buys Holcim's stake in Ambuja cements and its subsidiary ACC in the most expensive ever, with a price tag of $10.5 billion (around Rs 81,361 crore). That marks the ports-to-energy conglomerate's entry into the cement sector and makes it the second-largest cement producer in the country.
-
Adani To Acquire Holcim India Assets, Become 2nd Largest In India's Cement Sector
The group last year set up two cement subsidiaries - Adani Cementation Ltd which was planning to set up two cement units at Dahej in Gujarat and Raigarh in Maharashtra; and Adani Cement Ltd.
-
Why It Makes Sense For Adani To Buy Out Holcim's India Stake
The synergies that can emerge from Adani's buy-out of Holcim's stake in India can be tremendous.
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Adani Group In Talks To Buy Holcim's India Cement Business: Report
Billionaire Gautam Adani's conglomerate Adani Group is in talks to buy Holcim's cement business in India
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Ambuja Cements, ACC Gain On Cabinet Nod For Holcim Deal
Shares of Ambuja Cements and ACC gained as much as 2 per cent on Thursday after the Cabinet approved Ambuja Cements' proposal to buy 24 per cent stake in its holding company Holcim India.
