Indian Billionaire Gautam Adani Buys Orient Cement

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, stepping up acquisitions amid intensifying rivalry with tycoon Kumar Mangalam Birla.
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.
Adani Conglomerate Acquires Orient Cement for $963 Million
Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Adani's Ambuja Cements to acquire stake in India's Orient Cement at $964 million valuation
India's Ambuja Cements said on Tuesday it would acquire a 46.8% stake in Orient Cement, valuing the company at 81 billion rupees ($963.5 million). The Adani-owned cement maker will buy the Telangana-based company's shares at 395.
Rs 8100 Cr acquisition! Gautam Adani's Ambuja Cement acquires 46.8% stake in Orient Cement
Billionaire Gautam Adani's Ambuja Cement is set to acquire 46.8 per cent stake in Orient Cement. The deal was valued at Rs 8100 crore or Rs 395.40 per share. Read on for more details.
Adani Group Buys Orient Cement as Race With Birla Heats Up
Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement Ltd. in a deal valued at 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Kenya’s Ruto Defends Adani Investment That Stoked Nation’s Anger
Kenyan President William Ruto backed a decision by his government to accept private capital from Adani Group, which sparked ...
After cement, Adani flexes muscles in another new sector
The Adani Group's aggressive expansion continues as it enters the copper sector, crucial for India's renewable energy plans.
Gautam Adani's Adani Group on path to challenge Ratan Tata's Tata Group, which is bigger in market cap?
The Tata Group is 150 years old, while the Adani Group has established itself over the past five decades. Interestingly, the ...
BIG change in world's richest people list: Mukesh Ambani, Gautam Adani's fortunes now...
JioHotstar domain acquired by Delhi-based app developer, he now wants Mukesh Ambani's Reliance to ...
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 ...
The Financial Express3d
In 24 hours: Mukesh Ambani loses thousands of crores while Gautam Adani gains Rs 2,235 crore
Mukesh Ambani's Fortune Dips Significantly in a Day; Gautam Adani Sees a Rs 2,235 Crore Boost Mukesh Ambani recently ...
Not Mukesh Ambani, Ratan Tata, Gautam Adani, this man bought India’s first Rolls Royce Spectre worth Rs…
The Rolls Royce Spectre is gradually becoming more popular among wealthy buyers in India. Other than the Chennai-based ...
devdiscourse2d
Adani Group's Strategic Expansion: Cementing a New Era
Adani Group, led by Gautam Adani, has announced the acquisition of CK Birla's Orient Cement for Rs 8,100 crore. This move ...
India's Adani Enterprises raises $500 mln via share sale, sources say
Billionaire Gautam Adani's flagship firm Adani Enterprise has raised $500 million via a share sale to local insurance and ...