Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local ...
--India's Adani Group has entered into talks to acquire the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth $1.2 billion, Indian newspaper the Economic Times ...
Shares of Ambuja, UltraTech, Orient, JK Cement, India Cements, and HeidelbergCement climbed up to 4% amid hopes of a possible reduction in the GST rate on cement.
HeidelbergCement India shares surged 18% amid talks of Adani Group acquiring its Indian operations, led by Ambuja Cements, in a deal worth around $1.2 billion. The acquisition would enhance Adani's ...
Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be ...