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Adani buys Penna Cement from Reddys in Rs 10,000 crore deal

India Business News: MUMBAI: The Gautam Adani family owned Ambuja Cements is buying Penna Cement Industries in a deal valued at Rs 10,442 crore including debt, expanding i. ....

Tamil Nadu , Andhra Pradesh , Himachal Pradesh , Sri Lanka , Uttar Pradesh , Penna Reddy , Prathap Reddy , Ajay Kapur , Kumar Mangalam Birla , P Prathap Reddy , Rajasekhara Reddy , Gautam Adani , Kesoram Industrie , Hari Mohan Bangur , Jagan Mohan Reddy , Nara Chandrababu Telugu Desam Party , Sanghi Industries , Incorporated In Oct , Congress Party , Penna Cement Industries , Ambuja Cements , Ultratech Cement , Shree Cement , Gujarat Based Sanghi , Asian Concretes , Mohan Reddy ,

ACC news: ACC buys remaining 55% in Asian Concretes at Rs 775 cr enterprise value

ACC Ltd has acquired a 55% stake in Asian Concretes and Cement, adding 2.8 million to its existing production capacity. The deal, funded by internal accruals, will increase ACC and Ambuja Cements capacity to produce 76.10 million tonne of cement annually. The company plans to increase this to 140 million tonne by 2028. ....

Himachal Pradesh , Ajay Kapur , Sanghi Industries , Asian Concretes , Ambuja Cements , Adani Cement , Asian Fine Cements , Ultratech Cement , Gujarat Based Sanghi , Nmacc News , Acc Buys 55 Stake , Enterprise Value , Acc Ltd ,