India: Adani Cement and JK Lakshmi Cement have emerged as frontrunners in the contest to acquire Sanghi Cement for US$733m. The Business Standard newspaper has reported that the prospective buyers are expected to submit formal offers before October 2023.
Adani Cement and JK Lakshmi Cement in race to acquire Sanghi Cement
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://globalcement.com/news/item/16061-adani-cement-and-jk-lakshmi-cement-in-race-to-acquire-sanghi-cement
© 2024 Pro Global Media Ltd. All rights reserved.