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No Tax On $6.38 Billion Transaction With Adani Group, Says Holcim

No Tax On $6.38 Billion Transaction With Adani Group, Says Holcim

Holcim had on Sunday signed a binding agreement with the Adani Group to sell its business in India

17 May 2022
ACC, Ambuja Cements To Benefit From Adani Acquisition In Long Run Say Analysts 

ACC, Ambuja Cements To Benefit From Adani Acquisition In Long Run Say Analysts 

The Adani Group will acquire 63.1 per cent of Ambuja Cements along with related assets. Ambuja's local subsidiaries include ACC Ltd, which is also publicly...

16 May 2022

Holcim India Asset Sale: Adani Offers To Buy 26% Of Ambuja Cements, ACC From Open Market

The world's largest cement maker Holcim last month announced its exit from the country after struggling here for a long.

Holcim India Asset Sale: Adani Group Wins The Race To Acquire Ambuja Cements, ACC Worth $10.5 Billion

Holcim India Asset Sale: Adani Group Wins The Race To Acquire Ambuja Cements, ACC Worth $10.5 Billion

The Adani Group will acquire 63.1 per cent of Ambuja Cements Ltd along with related assets. Ambuja's local subsidiaries include ACC Ltd, which is also publicly...

16 May 2022

Holcim India Asset Sale: Aditya Birla's Ultratech Makes Formal Bid To Acquire Ambuja Cements, ACC

The JSW Group, which is already present in the sector, and the Adani Group which does not have a presence, are also reportedly in the race for the prized...

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26 April 2022
Adani Group In Talks With Holcim To Acquire Stakes In ACC, Ambuja Cements: Report

Adani Group In Talks With Holcim To Acquire Stakes In ACC, Ambuja Cements: Report

Following this new development, Ambuja Cements share price rose as much as 3 per cent to hit an intraday high of Rs 391 achieving market capitalisation of Rs...


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