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Ambuja Cements to acquire 46.8% stake in Orient Cement
Ambuja Cements to Acquire 46.8% Stake in Orient Cement, Open Offer Triggered for Public Shareholders
With this acquisition, Ambuja Cements will enhance its total operational capacity to 97.4 MTPA, fast-tracking its goal to achieve over 100 MTPA by March 2025.
Adani's Ambuja to buy $451 mln stake in CK Birla's Orient Cement, stokes regulatory worries
Ambuja Cements , India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts raised doubts about the deal winning regulatory approval.
Big move by Gautam Adani: Ambuja Cements to acquire this cement brand for Rs 8100 crore
The latest acquisition will add 16.6 MTPA (million tonne per annum) capacity to Adani Cement, which operates through Ambuja Cements in the sector.
2d
Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies
Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, ...
22h
Ambuja Cements shares gain 0.98% as Sensex falls
Shares of the Ambuja Cements Ltd. traded at Rs 560.9 on BSE at 11:05AM (IST) on Thursday, up 0.98 per cent. The stock quoted ...
1d
Ambuja Cements empowers Gujarat's coastal communities through transformative CSR initiatives
Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, continues its unwavering com ...
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