Adani Group's Ambuja Cement Has Announced The Acquisition Of Orient Cement, Increasing Its Dominance In The Sector.
1. Adani Group narrows cement gap with market leader Ultratech by buying Orient The acquisition of Orient Cement by Ambuja Cement marks an escalation in India’s cement war as rivals Adani Group and ...
Ambuja Cements, controlled by Gautam Adani, is set to acquire a 47% stake in Orient Cement from Chandra Kant Birla for Rs ...
The firms are advising on major transactions involving Indian conglomerate Adani Group, British bank Standard Chartered as ...
The September quarter is seasonally weak for the cement sector, but this time around, the extended monsoon weighed heavily on ...
Ashika Credit Capital bought a 0.51% stake in the cement company at an average price of Rs 353.23 per share, and Nuvama Multi ...
According to Adani, the acquisition, valued at an equity worth of Rs 8,100 crore, marks a step towards Ambuja's goal of achieving 140 MTPA cement capacity by 2028. The deal will be fully funded ...
The latest acquisition will add 16.6 MTPA (million tonne per annum) capacity to Adani Cement, which operates through Ambuja ...
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Gautam Adani's Adani Group is acquiring Orient Cement from the CK Birla group for Rs 8,100 crore, with Ambuja Cements, an ...
Cement industry consolidation continues with Ambuja Cements acquiring Orient Cement stake at a premium, despite sector ...