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Adani Cement: ACC to acquire additional 55% stake in Asian Concretes and Cements for Rs 425 96 crore, ET RealEstate

Adani Cement: Upon completion of the acquisition Asian Concretes and Cements will become a wholly-owned subsidiary of ACC.

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ACC acquires 55% stake in Asian Concretes and Cements - The Hindu BusinessLine

ACC acquires 55% stake in Asian Concretes and Cements - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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ACC acquires Asian Concretes & Cements for Rs 775 crore

The company stated that the complete acquisition will bolster the market leadership of ACC as well as Ambuja Cements in the North India market.

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Adani-owned ACC to acquire complete stake in Asian Concretes and Cements

The acquisition is value accretive considering it will balance Adani Cement’s clinker facilities in north India, the company said in a BSE filing.

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ACC Acquires Remaining 55% Stake In Asian Concretes and Cements at Enterprise Value of Rs 775 Cr

ACC has done a "successful acquisition of 55 per cent stake in ACCPL (Asian Concretes and Cements Pvt Ltd) from its existing promoter at an enterprise value of Rs 775 crore resulting in entire ownership of ACCPL

Himachal pradeshAjay kapurAdani cementation ltdAsian fine cements pvt ltdCements pvt ltdSanghi industriesAditya birla groupAdani groupAsian concretesAmbuja cementsNorth indiaAdani cementCement businessAdani cementationUltratech cementsAdani cement

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