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Adani Group's concrete plan: $3 billion buyouts in cement space

It is keeping aside a war chest of $3 billion for these acquisitions, these people said. The group is aggressively pursuing an inorganic strategy to boost capacity and emerge as the largest cement manufacturer within the next three to four years, overtaking the Aditya Birla Groups UltraTech. ....

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Adani Group's Concrete Plan: $3b Buyouts in Cement Space

Adani Group's Concrete Plan: $3b Buyouts in Cement Space
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Top five to corner 55 pc market share in cement sector

Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next. ....

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ultratech: UltraTech, AM Mining, others eye Vadraj Cement

AM Mining India, a joint venture between ArcelorMittal and Nippon Steel, Oaktree Capital-backed India Opportunities XII Investments, and Nirma group-backed Nuvoco Vistas Corporation submitted expressions of interest (EoIs). Naveen Jindal group company called Jindal Panther Cement, and PN Group-promoted CN Infrabuild also gave separate EoIs. ....

Naveen Jindal , Pulkit Gupta , Orissa Metaliks , Prudent Asset Reconstruction Company , Aditya Birla Group Ultratech , Aditya Birla Group , National Company Law Tribunal , Beumer Technology , Nuvoco Vistas Corporation , Bombay High Court , Punjab National Bank , Central Bank , Union Bank , Indian Overseas Bank , Nirma Group , Ultratech Cement , Sajjan Jindal Promoted , Lakshmi Mittal Promoted Arcelormittal , Vadraj Cement , Oaktree Capital , Nippon Steel , Oaktree Capital Backed India Opportunities , Jindal Panther Cement , Group Promoted Orissa Metaliks , Khandwala Group Promoted , Friends Group Promoted Kutch Salt ,

UltraTech, JSW Cement, Nuvoco Vistas, others eye Vadraj Cement, ET RealEstate

AM Mining India, a joint venture between ArcelorMittal and Nippon Steel, Oaktree Capital-backed India Opportunities XII Investments, and Nirma group-backed Nuvoco Vistas Corporation submitted expressions of interest (EoIs). ....

Pulkit Gupta , Orissa Metaliks , Naveen Jindal , National Company Law Tribunal , Indian Overseas Bank , Punjab National Bank , Aditya Birla Group Ultratech , Beumer Technology , Aditya Birla Group , Bombay High Court , Prudent Asset Reconstruction Company , Central Bank , Nirma Group , Union Bank , Nuvoco Vistas Corporation , Representative Image , Ultratech Cement , Sajjan Jindal Promoted , Lakshmi Mittal Promoted Arcelormittal , Vadraj Cement , Oaktree Capital , Nippon Steel , Oaktree Capital Backed India Opportunities , Jindal Panther Cement , Group Promoted Orissa Metaliks , Khandwala Group Promoted ,