India, ultratech cement and Adani
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.
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, at current market rates, is valued at approximately Rs 3,437 crore
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,
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 to media reports.
Adani Group in talks to acquire Heidelberg Materials' Indian cement operations
India: Adani Group is negotiating the purchase of Heidelberg Materials' cement business in India, potentially valued at US$1.2bn, according to Reuters. Heidelberg Materials has been present in India since 2006,
Adani in talks to acquire Heidelberg's Indian cement unit for $1.2 billion
The potential deal is the latest in Adani Group's massive expansion push in the cement sector. The company entered the industry in 2022 by acquiring Holcim's stake in Ambuja Cement
Adani Group in talks to buy Heidelberg's Indian cement operations, ET reports
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 reported on Monday, citing people familiar with the matter.
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.
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 could be worth about $1.
cnbctv1812d
India's largest cement company believes industry is at the cusp of a turnaround
In its annual report earlier this year, UltraTech said the demand for cement is projected to grow 7-8% in the current ...
Adani Group In Talks To Buy Heidelberg's Indian Cement Operations: Report
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be ...