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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.
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.
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.
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.
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.
India West
3h
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 ...
2h
Company News Today Live: Two years since Adani bought Ambuja and ACC, is a merger on cards?
Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed ...
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
12h
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.
23m
Top Events on October 8: Assembly Elections results of Haryana, Jammu and Kashmir, Adani Group case hearing, and more
Assembly Election results in Haryana and Jammu and Kashmir will be out today. Haryana’s electorate exercised its franchaise ...
12h
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 ...
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 ...
9h
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 ...
14h
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 ...
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