Ambuja Cements, HeidelbergCement and Adani Group
HeidelbergCement share price jumps 18% on report Adani Group firm Ambuja Cements eyeing ₹10,000-crore buyout
Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be worth around $1.2 billion or ₹10,000 crore, a report said.
HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops
Ambuja Cements is in talks to acquire Indian operation of Heidelberg at an estimated cost of Rs 10,000 crore for 14 mtpa, reports said
HeidelbergCement India pares early gains after company clarifies on Adani buyout buzz
HeidelbergCement India's potential acquisition is expected to significantly boost Ambuja’s production capacity from the current 89 million tonnes, as the Adani group firm targets a capacity of 140 million tonnes by 2028.
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 is in talks to acquire the company, along with Zuari Cement, from its German parent firm.
Heidelberg Cement shares surge on reports of Adani Group eyeing ₹10,000 crore buyout
The HeidelbergCement India stock was trading 5.05% higher at ₹229.81. The stock is up 22% in the last one year, with its current market capitalisation at about ₹5,200 crore.
HeidelbergCement India stock hits 52-week high amid Adani Group buyout talks
Shares of HeidelbergCement India surged 18 per cent in intra-day trade on Monday amid reports that the Adani Group is in talks to acquire Indian operations of Germany's Heidelberg Materials. The proposed buyout of Heidelberg's India unit will be led by billionaire Gautam Adani-led Ambuja Cements and could be worth around USD 1.
Ambuja Becomes World's First Cement Company to Join AFID
Ambuja Cements utilized over 8.6 million tonnes of waste-derived resources and became 11 fold water-positive and 8 fold ...
Major cement firms compete to acquire HeidelbergCement India's stake
The German building materials company Heidelberg Materials AG holds a 69.39 per cent stake in its Indian subsidiary, which, ...
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 ...
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Adani Group In Talks To Acquire Heidelberg's India Cement Unit For Rs 10,000 Cr
The Adani Group has entered discussions to acquire the Indian cement operations of Germany’s Heidelberg Materials, with Ambuja Cements, an Adani Group company, leading the potential buyout, according ...
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 ...
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Cement Q2 Results Preview: Weak Pricing Adds To Woes Of Seasonally Weak Quarter
September quarter, which is seasonally weak for the cement sector due to subdued demand, is beset by lower prices this year.
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Ambuja becomes the world’s first cement company to join the Alliance for Industry Decarbonisation
Ambuja Cements Limited, part of the diversified Adani Portfolio, has joined the Alliance for Industry Decarbonisation ...