Adani Group to acquire Holcim India business for $10.5 billi

Gautam Adani-owned Adani Group announced to enter into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of India’s leading cement companies – Ambuja Cements Ltd and ACC Ltd. Gautam Adani-owned Adani Group, on Sunday, announced a deal to acquire Holcim’s businesses in India for $10.5 billion. The group revealed that...

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