adani-holcim deal

Holcim had on May 15, 2022 signed a binding agreement with the Adani Group to sell its business in India Holcim had on May 15, 2022 signed a binding agreement with the Adani Group to sell its business in India Swiss building material…

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. Gautam Adani said the group expects…

Adani Group is ahead in the race to acquire Ambuja Cements Ltd and ACC Ltd, the India arms of Switzerland-based Holcim, with a war chest of USD 13.5 billion for the deal, according to a livemint report quoting sources.“Adani appears to be…