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ACC strengthens market leadership with acquisition of Asian Concretes and Cements at enterprise value of Rs 775 cr

ACC Limited, subsidiary of Ambuja Cements Limited and a leading entity in the cement and building materials sector, currently holds 45 per cent stake in Asian Concretes and Cements Private Limited (ACCPL).On Monday it announced the successful ...
New Delhi Himachal Pradesh Ajay Kapur Nalagarh Himachal Pradesh Bharosa Atoot Asian Fine Cements Pvt Limited

ACC news: ACC buys remaining 55% in Asian Concretes at Rs 775 cr enterprise value

ACC Ltd has acquired a 55% stake in Asian Concretes and Cement, adding 2.8 million to its existing production capacity. The deal, funded by internal accruals, will increase ACC and Ambuja Cements capacity to produce 76.10 million tonne of cement annually. The company plans to increase this to 140 million tonne by 2028.
Himachal Pradesh Ajay Kapur Sanghi Industries Asian Concretes Ambuja Cements Adani Cement

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EDP Energias de Portugal S A : buys back 49% stake in 1GW wind portfolio in Portugal, Poland and Italy for €0.57bn -December 29, 2023 at 03:00 am EST

The buy-back of their 49% stakes in EDPRs wind portfolios in Portugal, Poland and Italy, for a total price consideration of € 0.57 Bn as of Jun-23. ACE Funds had acquired these 49%...
Investment Fund European Parliament Energias De Portugal China Three Gorges Green Certificates Enterprise Value

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