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Adani to acquire Holcim India assets for USD 10.5 bn - Jammu Kashmir Latest News | Tourism

NEW DELHI, May 15:  Asia’s richest man Gautam 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 billion, marking the ports-to-energy conglomerate’s entry into the cement sector. The Adani Group will acquire 63.1 per cent of Ambuja Cements Ltd along with related assets. Ambuja’s local subsidiaries include ACC Ltd, which is also publicly traded. “The Adani Family, through an offsh...
Mukesh Ambani Gautam Adani Jan Jenisch Holcim Ltd Ambuja Cements Ltd Adani Group

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