Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be ...

The German building materials company Heidelberg Materials AG holds a 69.39 per cent stake in its Indian subsidiary, which, ...

The potential deal is the latest in Adani Group's massive expansion push in the cement sector. The company entered the ...

The proposed buyout is expected to accelerate the market consolidation wave in the cement industry as the competitors of the ...

Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group ...

September quarter, which is seasonally weak for the cement sector due to subdued demand, is beset by lower prices this year.

HeidelbergCement India's potential acquisition is expected to significantly boost Ambuja’s production capacity from the ...

Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s ...

The Adani Group, India's second-biggest cement maker, had entered the sector by acquiring Holcim's India operations in 2022. As with Holcim, Adani intends to move fast to close the deal, said the ...

In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials' Indian cement operations, after recent ...

Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local ...