Adani, ultratech cement and Heidelberg Materials
Adani Group in talks to buy Heidelberg's Indian cement operations, paper says
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter.
Adani Group Eyes $1.2 Billion Acquisition of Heidelberg's Indian Cement Operations
The potential acquisition of Heidelberg's Indian assets fits into Adani's broader strategy to expand its cement footprint. Following its purchase of Ambuja Cement from Holcim, which was valued at $6.5 billion, Adani became the second-largest cement producer in the country.
Adani Enterprises Shares Tanks Over 4% Amid Acquisition Of Heidelberg Cement
The shares of Adani Enterprises plummeted down more than 4 per cent on the National Stock Exchange amid German materials company's Indian cement arm, Heidalberg Cement, and Adani Enterprises, The stock saw a declining opening at Rs 3110.65 per share on the NSE.
Major deals in India’s cement sector since Adani Group’s entry in 2022
Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local operations of Germany's Heidelberg Materials in a deal that
TIMELINE-Major deals in India's cement sector since Adani Group's entry in 2022
Dealmaking in India's cement sector has intensified. Adani Group is reportedly in talks to buy Heidelberg Materials local operations for about $1.2 billion. This move follows a series of acquisitions by major players like UltraTech Cement,
Gautam Adani to acquire Heidelberg's Indian cement unit for $1.2 billion?
In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials' Indian cement operations, after recent acquisitions.
Heidelberg Cement Shares Shoot Up 17% As Adani Group Reportedly Eyes Acquisition
Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating the purchase of Heidelberg’s cement unit in India, as per a report by The Economic Times.
Masterstroke by Gautam Adani as he launches this program, set to change gas supply scene in India by...
Gautam Adani, led company's big move can change the cooking gas making procedure permanently in India, its new pilot project ...
India.com10h
Big move by Gautam Adani: Adani Group announces new company merger, aims to expand footprint in
Meet Pearl Kapur, India's Youngest billionaire shifted operational base outside India. Know about his net worth and more BIG ...
HeidelbergCement shares surge 18% on reports of Rs 10,000-crore buyout interest from Adani's Ambuja Cements
Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group ...
The Financial Express18h
Family trio overtakes Gautam Adani in wealth rankings, exceeds Elon Musk’s combined net worth
The Waltons are renowned for their association with Walmart Inc., the retail giant founded by Sam Walton in 1962. Holding a ...
Masterstroke by Gautam Adani, to buy this company for Rs 10000 crore, direct challenge to Kumar Mangalam Birla
The proposed buyout is expected to accelerate the market consolidation wave in the cement industry as the competitors of the ...
Adani’s Billion Dollar Copper Play Slows Amid Mining Shortfall
Gautam Adani’s $1.2 billion copper smelter will face a slow ramp up to reach its nameplate capacity as a global shortfall of ...
Rs 65-To-Rs 1,800; This Green Energy Stock Of Adani Group Is Advised To Buy For Strong 42% Gains Ahead
Adani Green Energy has a market cap of Rs 2,85,418.89 crore, making it the third largest Adani Group stock, after Adani Ports ...
This Indian company plans to build NASA successor to ISS, it's not of Mukesh Ambani, Ratan Tata, Gautam Adani
Larsen & Toubro is an Indian multinational firm with operations in over 50 countries across the globe. Notably, the company ...