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Adani group, Ambuja Cements and HeidelbergCement
HeidelbergCement India pares early gains after company clarifies on Adani buyout buzz
HeidelbergCement India's potential acquisition is expected to significantly boost Ambuja’s production capacity from the current 89 million tonnes, as the Adani group firm targets a capacity of 140 million tonnes by 2028.
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.
HeidelbergCement shares surge 18% on reports of Rs 10,000-crore buyout interest from Adani's Ambuja Cements
Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group is in talks to acquire the company, along with Zuari Cement, from its German parent firm.
HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops
Ambuja Cements is in talks to acquire Indian operation of Heidelberg at an estimated cost of Rs 10,000 crore for 14 mtpa, reports 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.
HeidelbergCement India stock hits 52-week high amid Adani Group buyout talks
The proposed buyout of Heidelberg's India unit will be led by billionaire Gautam Adani-led Ambuja Cements and could be worth around $1.2 billion, reports said
Heidelberg Cement shares surge on reports of Adani Group eyeing ₹10,000 crore buyout
The HeidelbergCement India stock was trading 5.05% higher at ₹229.81. The stock is up 22% in the last one year, with its current market capitalisation at about ₹5,200 crore.
Mint
8h
Ambuja and ACC: Are wedding bells ringing?
The Adani group is weighing a plan to merge
Ambuja
Cements
Ltd and ACC Ltd that it acquired two years ago into a single ...
Outlook Business
10d
Ambuja Cements Joins Alliance for Industry Decarbonisation
Ambuja Cements, part of the Adani Group, has joined the Alliance for Industry Decarbonisation to support its goal of ...
13d
Ambuja Cements share price down 0.35 per cent
Shutterstock.com India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range. Shares of Ambuja ...
devdiscourse
11d
Ambuja Cements Joins Global Alliance for Industry Decarbonization
Ambuja Cements, led by Gautam Adani, has become the first cement manufacturer to join the Alliance for Industry ...
13d
7 student athletes from Ambuja Cements-supported schools in Chandrapur qualify for state-level competition
Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, is committed to nurturing ...
3d
Ambuja Cements shares rise 0.14 per cent in Friday's trading session
Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively. Shares of Ambuja Cements Ltd. rose 0.14 per cent ...
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