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News Adani Group may merge Ambuja Cements and ACC

Adani Group may merge Ambuja Cements and ACC

Written by Global Cement staff 08 October 2024
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India: Adani Group is considering a merger of Ambuja Cements and ACC into a single entity, Adani Cement, by 2028. Mint News has reported that the group, which began integrating the operations of the two companies recently, may also include Sanghi Industries in the merger. The proposed merger would involve a share swap between the companies, with all existing brand identities retained.

Last modified on 09 October 2024
Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Ambuja Cements
  • ACC
  • Merger
  • Sanghi Industries
  • GCW680
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