Completes acquisition of Ambuja Cements and ACC Largest acquisition in India's Infrastructure and Materials space valued at USD 6.50 billion Post the transaction, Adani will hold 63.15% in Ambuja Cements and 56.69% in ACC (of which 50.05% is held through Ambuja Cements) The combined market capitalization of Ambuja Cements and ACC is USD 19 billion as on date With this acquisition, Adani is now India's second largest cement manufacturer (capacity 67.5 MTPA) Enhanced corporate governance with 100% independent directors on Audit Committee and Nomination & Remuneration Committee Two new Board committees - Corporate Responsibility Committee and Public Consumer Committee - comprising solely of independent directors, will drive ESG assurance and consumer-first approach AHMEDABAD, India, Sept. 16, 2022 /PRNewswire/ The Adani Family, through Endeavour Trade and Investment Ltd ("BidCo"), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cemen
Completes acquisition of Ambuja Cements and ACC Largest acquisition in India's Infrastructure and Materials space valued at USD 6.50 billion Post the transaction, Adani will hold 63.15% in Ambuja Cements and 56.69% in ACC (of which 50.05% is held through Ambuja Cements) The combined market capitalization of Ambuja Cements and ACC is USD 19 billion as on date With this acquisition, Adani is now India's second largest cement manufacturer (capacity 67.5 MTPA) Enhanced corporate governance with 100% independent directors on Audit Committee and Nomination & Remuneration Committee Two new Board committees - Corporate Responsibility Committee and Public Consumer Committee - comprising solely of independent directors, will drive ESG assurance and consumer-first approach AHMEDABAD, India, Sept. 16, 2022 /PRNewswire/ The Adani Family, through Endeavour Trade and Investment Ltd ("BidCo"), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cemen
Baker McKenzie advised Standard Chartered Bank as Structuring Advisor and Placement Agent on the recent private placement of ZAR 3-billion Green Bonds, due 2024, by the Development Bank of Southern Africa Limited ("DBSA") to PIMCO. DBSA is a leading development finance institution, established in 1983, with the mandate to promote economic growth as well as regional integration for sustainable development projects and programmes in South Africa, the Common Market for Eastern and Southern Africa and the Southern African Development Community. DBSA is 100% owned by the Republic of South Africa. PIMCO is a global investment firm which manages more than USD 1.9-trillion in assets and invests in markets around the world.
DBSA Launches a Second Green Bond dbsa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbsa.org Daily Mail and Mail on Sunday newspapers.