CCI approves Ambuja Cements' acquisition of Orient CementIndia's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambu...
18 Mar, 2025, 04.15 PM IST
Major deals in India's cement sector since Adani Group's entry in 2022UltraTech Cement will buy an 8.7% stake in Star Cement for $100 million. This is part of a trend with major deals in India's cement sector ...
27 Dec, 2024, 02.27 PM IST
Major deals in India's cement sector since Adani Group's entry in 2022: A timelineAmbuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...
22 Oct, 2024, 03.14 PM IST
TIMELINE-Major deals in India's cement sector since Adani Group's entry in 2022Dealmaking in India's cement sector has intensified. Adani Group is reportedly in talks to buy Heidelberg Materials’ local operations for a...
07 Oct, 2024, 02.35 PM IST
Adani Group to sell shares worth Rs 4,200 crore in Ambuja Cement on FridayThe Adani Group plans to sell a 2.84% stake in Ambuja Cements through a block deal, aiming to raise Rs 4,200 crore. Holderind Investments, ...
22 Aug, 2024, 08.23 PM IST
Ambuja Cements clinches Sanghi Industries deal on better terms and speedy closureET had reported on July 25 that Adani Group's Ambuja Cements-ACC and JK Lakshmi Cement were leading the race to acquire the Ahmedabad-based...
04 Aug, 2023, 01.21 AM IST
Adani-owned Ambuja Cements to acquire majority stake in Sanghi Industries: SourcesAdani is India's second largest cement producer, behind UltraTech Cement. It owns Ambuja and its subsidiary ACC Ltd, which have a capacity ...
02 Aug, 2023, 09.04 AM IST
Adani Group denies buyback plans of Ambuja, Adani PortsAdani Group has ambitious plans to double the combined capacity of ACC and Ambuja Cements to 140 MTPA in the next five years. Ambuja Cement...
31 Jan, 2023, 12.48 PM IST
Adani Group to infuse Rs 20,000 crore into Ambuja Cements via preferential share allotmentAdani brought back former Ambuja Cement CEO and managing director Ajay Kapur to lead the company in the same role, taking over from Neeraj ...
17 Sep, 2022, 09.48 AM IST
Adani's open offers for ACC, Ambuja gets modest responseAdani Group’s holding in Ambuja Cement will increase to 63.24% from 63.2%. Its stake along with Ambuja Cement’s holding in ACC will rise to...
10 Sep, 2022, 01.34 PM IST
Adani launches Rs 31,000 cr open offer for ACC, Ambuja CementsAmbuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum. The two companies together ha...
26 Aug, 2022, 10.54 AM IST
Adani to launch open offer for ACC and Ambuja Cements on August 26In two separate regulatory filings, Ambuja Cements and ACC have submitted their letter of offers for the open offer launched by the Adani f...
20 Aug, 2022, 05.56 PM IST
Adani gets Sebi nod for ACC and Ambuja Cements open offersThe group, led by Asia’s richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for Rs 385 per share and th...
20 Aug, 2022, 08.17 AM IST
Holcim's $6.4 billion deal with Gautam Adani to be a tax-free transaction?Tax department officials told ET that the deal was unlikely to face capital gains tax if Holcim had acquired the stakes before 2017, when I...
17 May, 2022, 05.58 AM IST
Adani to become India's No. 2 cement maker with $10.5 billion Holcim dealAdani Group, owned by billionaire Gautam Adani, currently has no cement-making operations but said the firms were a good fit given its port...
16 May, 2022, 08.50 PM IST
ACC, Ambuja Cements rally after Holcim India dealGautam Adani's group on Sunday said it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for USD 10.5 ...
16 May, 2022, 11.36 AM IST
Gautam Adani nears $10 billion deal for Holcim India businessThe Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets, the pe...
15 May, 2022, 10.36 PM IST