The Adani Group is in advanced discussions with the Odisha government to build its first greenfield cement factory, two years after embarking on its cement odyssey with a series of acquisitions ...
Ambuja Cements—part of billionaire Gautam Adani’s ports-to-power business empire—agreed to buy a 47% stake in Orient Cement in a deal valued at 81 billion rupees ($963 million) as the Adani ...
Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore. Ambuja will ...
Adani Cement intensified the battle for market share on Tuesday when it announced the buyout of CK Birla Group’s Orient Cement at an equity value of 8,100 crore. The cement industry is highly ...
Ambuja Cement, part of Adani Group, which houses all cement assets, is a debt-free company and as of September 2024, cash and cash equivalent for the company was at Rs 10,135 crore, said Kapur. "Adani ...
Ahmedabad: Ambuja Cements, a part of Adani Cement and Adani Group, announced on Tuesday that it has signed a binding agreement to acquire a 46.8 per cent stake in Orient Cement Ltd (OCL).
Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of Rs 8,100 crore as part of its expansion drive. Photograph: PTI Photo ...
(MENAFN- Adfactors PR) Bengaluru, 22 October 2024: Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the signing of ...
Adani Cement is accelerating its growth by acquiring smaller rivals, aiming for 140 million tonnes per annum capacity by FY28. Currently holding 15% of the market, Adani plans to hit 20% by taking ...
Adani Group company Ambuja Cements has agreed to acquire 46.8 per cent shares of B K Birla Group’s Orient Cement Ltd (OCL) for Rs8,100 crore. Adani said the acquisition will be funded through ...
Adani Group on Tuesday said it has agreed to acquire CK Birla group firm Orient Cement Ltd in a deal valued at ₹8,100 crore. Ambuja Cement, India’s No.2 cement maker, will buy 46.8 per cent stake of ...