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Adani Group, India and Heidelberg
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 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 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.
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
7h
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 ...
wdam
12d
1 dead after tractor accident in Heidelberg
The accident happened near Magnolia Avenue in Heidelberg. No details have been released on what exactly happened, but law ...
17h
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 ...
Politico Europe
11h
Asteroid mission aims to save humans from the fate of the dinosaurs
The NASA spacecraft hit the roughly 160 meters in diameter Dimorphos, which orbits a larger asteroid — the 780 meter Didymos.
wdam
11d
Robert Barnett elected as Heidelberg’s new mayor after runoff
HEIDELBERG
, Miss. (WDAM) - The Town of
Heidelberg
has elected its new mayor. Robert Barnett won Thursday’s runoff ...
The Magazine
12h
BASF to deliver biomass-balanced ammonia to Evonik
BASF SE (Ludwigshafen, Germany) and Evonik Industries AG (Essen, Germany) have agreed on the first delivery of BASF’s ammonia BMBcertB grade. Thereby, ...
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.
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