NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Ambuja Cements, a subsidiary of the Adani Group, has announced its acquisition of My Home Group’s cement grinding unit located in Tuticorin, Tamil Nadu, for a total value of Rs 413.75 crore. The agreement, signed by Ambuja Cements, entails the acquisition of a grinding unit with a capacity of 1.5 million tonnes per ...
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Tag Archives: Ambuja Cements
Adani group to buy Ambuja Cements, ACC for $10.5 bn from Holcim
TBB BUREAU BHUBANESWAR, MAY 15, 2022 Gautam Adani-led Adani group on Sunday announced that it would acquire Swiss cement major Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 billion which is considered as the largest ever acquisition in India. The Adani family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for ...
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