Adani Group to buy Ambuja Cements, ACC for $10.5 bn

Adani Group to buy Ambuja Cements, ACC for $10.5 bn

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. The value for the Holcim stake and open offer consideration makes this the largest ever acquisition by Adani and India’s largest-ever Mergers and […]

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