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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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