Adani pledges stake worth $13 billion in newly acquired ACC, Ambuja CementsStakes in two of those companies -- about 57% of ACC Ltd. and 63% in Ambuja Cements Ltd. -- have been encumbered “for the benefit of certai...
21 Sep, 2022, 11.33 AM 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 completes the $6.4 billion acquisition of Holcim's stake in Ambuja Cement and ACCAdani Group chairman Gautam Adani, who is now the wealthiest India, also pipped Bernard Arnault and Jeff Bezos to become the second richest...
16 Sep, 2022, 06.24 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
Gautam Adani is spoiling for an epic war with Kumar Mangalam BirlaThe Holcim deal, India’s largest-ever M&A transaction in the infrastructure and materials space, pits Adani in a race with Kumar Mangalam B...
20 May, 2022, 09.41 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
Gautam Adani’s biggest M&A: Acquires Ambuja Cement, ACC from Holcim for $10.5 bnAdani has pipped Sajjan Jindal-led JSW Cement, the other serious contender in the race for Holcim Holdings' listed cement assets in India A...
16 May, 2022, 04.06 PM IST
No tax liability, indemnity in sale of Ambuja Cements, ACC to Adani Group: HolcimThe new buyers of Ambuja Cement and ACC will be liable for the anti-trust fines against the two companies which are presently being litigat...
16 May, 2022, 03.19 PM IST
Looking at 10 acquisition targets, Holcim CEO says after Adani dealHolcim is examining 10 acquisitions with the ability to buy large and small companies, Chief Executive Jan Jenisch said on Monday, after th...
16 May, 2022, 01.12 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
Ultratech makes a formal bid for Holcim's India assetsThe JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...
11 May, 2022, 09.54 PM IST
Holcim deal talks with Adani, JSW enter last legThe third likely contender, Kumar Mangalam Birla's UltraTech, has not yet held any such deliberations, though it's pushing to join the fray...
10 May, 2022, 12.26 PM IST
Adani lines up financing, frontrunner for Holcim India's assets worth $10 billionSwitzerland-based Holcim that globally merged with French rival Lafarge in 2015 to create a mega entity LafargeHolcim – a European cement a...
26 Apr, 2022, 12.37 PM IST