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Adani-owned Ambuja Cements acquisition of Sanghi Industries gets a thumbs up from analysts

Significant synergies exist with Adani Group’s existing businesses; limestone reserves are a big attraction

United arab emiratesMadhya pradeshIndia generalDeven chokseySanghi sanghipuramKaran adaniAdani groupAdani ambuja cementsKrchoksey groupSanghi industriesAdani group owned ambuja cements limitedAdani portsSouth gujaratMumbai metropolitanNavlakhi portDharamtar port

Ambuja Cements Acquires Sanghi Industries At An Enterprise Value Of ₹5,000 Cr

Ambuja Cements Acquires Sanghi Industries At An Enterprise Value Of ₹5,000 Cr
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India generalMadhya pradeshRavi sanghiGautam adaniAmbuja cementsSanghi industries limitedAdani groupGiven the adani groupAmbuja cements limitedAdani cementAmbuja cementWaste heat recovery systemNavlakhi portDharamtar port

Adani-owned Ambuja Cement acquires majority stake of Sanghi Industries

Ambuja Cement on Thursday announced the acquisition of a majority stake in Sanghi Industries, one of the leading cement manufacturers from western India, at an enterprise value of Rs 5,000 crore

India generalMadhya pradeshGautam adaniRavi sanghiSanghi industries ltdSanghi industriesGiven adani groupAmbuja cements ltdAdani groupAmbuja cementAdani cementAdani group chairman gautamNavlakhi portDharamtar portAdani owned ambuja cementAdani cement

Ambuja Cements acquires Sanghi Industries at an Enterprise Value of Rs 5,000 Crores

Ambuja Cements acquires Sanghi Industries at an Enterprise Value of Rs 5,000 Crores
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Madhya pradeshIndia generalGautam adaniRavi sanghiAdani groupAmbuja cements ltdSanghi industries ltdAmbuja cementsSanghi industriesGiven the adani groupEnterprise valueCements ltdAdani cementAmbuja cementWaste heat recovery systemNavlakhi port

Ambuja Cements acquires Sanghi Industries at an Enterprise Value of Rs 5,000 Cr -

"This landmark acquisition is a significant step forward in Ambuja Cements’ accelerating growth journey,” said Mr Gautam Adani, Chairman of the Adani Group.

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