India's Adani acquire controlling stake in Holcim's India business in $10.5 billion deal
(Reuters) -India's Adani Group acquired a controlling stake in Holcim AG's cement businesses in India in a $10.5 billion deal to become the second biggest cement producer in the country, Adani Group said in a statement on Sunday.
Source: www.reuters.com
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(Reuters) - Holcim AG on Sunday said it signed a binding agreement for Adani Group to acquire Holcim’s business in India.
Adani Group to acquire Holcim’s full stakes in Ambuja Cement Ltd and ACC Ltd for 6.4 billion Swiss francs ($6.39 billion)
($1 = 1.0017 Swiss francs)
Reporting by Mrinmay Dey in Bengaluru,
