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News Adani Group's Holcim India acquisition talks enter 'advanced stages'

Adani Group's Holcim India acquisition talks enter 'advanced stages'

Written by Global Cement staff 27 April 2022
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India: Adani Group has reportedly entered an advanced stage of discussions with Holcim over its possible acquisition of the latter's Indian cement operations. The Times of India newspaper has reported that Holcim subsidiaries Ambuja Cements and ACC together have a cement production capacity of 64Mt/yr. The value of their assets has a market cap of US$15.7bn.

Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Holcim India
  • Holcim
  • ACC
  • Ambuja Cements
  • neogotiation
  • Acquisition
  • GCW554
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