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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.
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 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.
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.
Adani Group in talks to acquire Heidelberg Materials' Indian cement operations
India: Adani Group is negotiating the purchase of Heidelberg Materials' cement business in India, potentially valued at US$1.2bn, according to Reuters. Heidelberg Materials has been present in India since 2006,
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.
Adani in talks to acquire Heidelberg's Indian cement unit for $1.2 billion
The potential deal is the latest in Adani Group's massive expansion push in the cement sector. The company entered the industry in 2022 by acquiring Holcim's stake in Ambuja Cement
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.
Optics
2h
Heidelberg Instruments Reports Several Installations of its ULTRA Semiconductor Mask Writer as Global Semiconductor Demand Surges
Heidelberg Instruments, a world-leading provider of advanced laser lithography systems, is pleased to announce a continued ...
1d
Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one ...
12h
on MSN
Adani Group In Talks To Buy Heidelberg's Indian Cement Operations: Report
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be ...
gna
1d
Vinton Cerf: Psychologists should advise computer professionals on technology’s impact on society
Economists, psychologists, neuroscientists, many experts should advise computer professionals on technology’s impact on ...
2d
on MSN
NY man accused in decades-old German homicide: A bizarre case of sex, murder and intrigue
A New York man is accused of a 1978 murder. The victim, a German woman, was found with 37 stab wounds in her home.
3d
Building with 'astonishing' feature named largest of its kind in Canada: 'Taking advantage of the natural surroundings'
According to the online magazine, Harmony Commons is the largest passive house dormitory worldwide as well as the largest ...
2d
The world in black and white: The pictures of the week
Even without color, our world presents itself in exciting facets. Our pictures of the week are monochrome this time.
3d
HMS Networks Acquires PEAK-System Technik
The acquisition will strengthen HMS’ position within communication solutions for advanced engineering tools, testing and ...
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