Complete acquisition of Ambuja, ACC; Adani Cement is the second largest conglomerate in this sector


Mumbai Adani Group on Friday announced that it has completed the acquisition of Ambuja Cements and ACC for a total of $6.5 billion (about Rs 52,000 crore). This includes the purchase of Swiss company Holcim’s stake in two companies and the subsequent purchase of shares from minority shareholders through an open offer. After the completion … Read more