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Heidelberg, Adani Group and India
Adani Group in talks to buy Heidelberg's Indian cement operations, ET reports
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times reported on Monday, citing people familiar with the matter.
HeidelbergCement share price jumps 18% on report Adani Group firm Ambuja Cements eyeing ₹10,000-crore buyout
Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be worth around $1.2 billion or ₹10,000 crore, a report said.
Heidelberg exploring sale of India business; taps Adani, UltraTech and JSW Cement
Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s stake is worth around Rs 3,437 crore at the current market price. A controlling stake sale will trigger a mandatory open offer under SEBI’s takeover norms, for acquiring a 26 percent stake from public shareholders.
Adani Group in talks to buy Heidelberg's Indian cement operations, paper says
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter.
Gautam Adani to acquire Heidelberg's Indian cement unit for $1.2 billion?
In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials' Indian cement operations, after recent acquisitions.
Heidelberg Cement Shares Shoot Up 17% As Adani Group Reportedly Eyes Acquisition
Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating the purchase of Heidelberg’s cement unit in India, as per a report by The Economic Times.
Major deals in India's cement sector since Adani Group's entry in 2022
Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local operations of Germany's Heidelberg Materials in a deal that could be worth about $1.
India West
5h
7 Years Later: CBI Closes NDTV Case, Adani Remains Owner
NEW DELHI – Seven years after it first conducted an early morning raid on the offices of NDTV and registered a case against ...
4h
on MSN
Israel-Iran war: TCS, Adani Ports to BPCL — experts see selling heat in these 10 Indian stocks
According to experts, stocks from IT, infra, and oil segments will be most affected if this Middle East tension continues for ...
6h
5 Adani Scholarships Indian Students Can Apply for by Next Week
The Adani Gyan Jyoti Scholarship 2024-25 offers Indian students from economically weaker sections the opportunity to pursue ...
Impacts
2d
Adani Group Enters Into A JV With TotalEnergies To Boost Our Country’s Renewable Energy Capacity
Yet again, the Adani Group has entered into a joint venture with TotalEnergies to boost its renewable energy capacity. With ...
money.rediff
7h
Dharavi Redevelopment: Adani to Get Rs 5k Cr Premium, Alleges Thackeray
Aaditya Thackeray alleges Dharavi redevelopment clause favors Adani group, giving them Rs 5,000 crore premium instead of BMC.
4d
Adani Group Seeks to Invest $900 Million in Tanzania Power Lines
Tanzania is in talks with the Adani Group for a $900 million public-private partnership project to construct high-voltage ...
8h
Adani Enterprises Share Price Live Updates: Adani Enterprises Price Movement Update
Welcome to the Adani Enterprises Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing ...
15h
on MSN
Adani Ports Shares In Red As Tension In Middle East Simmers
The shares of Adani group-owned Adani Ports and Special Economic Zone Ltd. are trading in deep red in the intraday trade on ...
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