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Adani Group Acquires Orient Cement
Adani Group Acquires 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.
Adani Group to acquire CK Birla group firm Orient Cement at Rs 8,100 cr valuation
Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of Rs 8,100 crore, as part of its expansion drive. With this acquisition Adani
Adani Group to buy Orient Cement for Rs 8,100 crore
Adani Group on Tuesday said it has agreed to acquire CK Birla group firm Orient Cement Ltd in a deal valued at Rs 8,100 crore, as billionaire Gautam Adani-run conglomerate snaps up smaller rivals to challenge India’s top cement maker UltraTech.
Adani Acquires Orient Cement at ₹ 8,100 Crore Equity Value
Ambuja will acquire 46.8% shares of OCL from its current promoters and certain public shareholders. The acquisition will be fully funded through inter
Adani Group buys Orient Cement as race with Birla heats up
Ambuja Cements, part of the Adani Group, has agreed to acquire Orient Cement in a deal valued at 81 billion rupees (S$1.26 billion), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Adani Group will acquire Orient Cement at a valuation of ₹8,100 crore. Ambuja Cements has signed a binding agreement for the acquisition of the company. The latest acquisition will add 16.6 MTPA capacity to Adani Cement.
Adani's Ambuja to buy $451 million 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.
Understanding The Ambuja-Orient Cement Acquisition Deal, To Buy Orient For ₹8,100 Crore | ET Now
Understanding The Ambuja-Orient Cement Acquisition Deal, To Buy Orient For ₹8,100 Crore | ET Now#ambujacement #orientcement #adani #acquistion #etnow #businessnews #topnews
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 a 47% stake in Orient Cement for $451 million
Ambuja Cements, India's No.2 cement maker, said on Tuesday that it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts said there were doubts about the deal receiving regulatory approval.
Ambuja Cements To Buy 46.8% Stake In Orient Cement
Ambuja Cements said it will acquire a 37.9% stake in Orient Cement from promoters and buy 8.9% from public shareholders. What Happened: Ambuja Cements is set to buy 9.58 crore shares in the company at an average price of ₹395.
4h
on MSN
Major deals in India's cement sector since Adani Group's entry in 2022
Dealmaking in India's cement sector is in the spotlight again, after Ambuja Cements said on Tuesday it will buy a near-47% ...
37m
Good news for Gautam Adani, his Rs 121000 crore company's net profit jumps 172% to Rs...
The consolidated net profit of the Adani Group company stood at Rs 284.09 crore in the quarter ended in September last year.
ThePrint
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Adani Green Energy’s Q2 profits rose 21 per cent to Rs 1,249 crore
Adani Group company Adani Green Energy on Tuesday reported that its cash profit during the July-September quarter rose 21 per cent to Rs 1,249 crore. In the same quarter last year, it was Rs 1,030 ...
energy.economictimes.indiatimes
17m
Adani Energy Solutions reports 172 pc jump in net profit in Q2 FY25
Adani Energy Solutions Limited (AESL) on Tuesday reported an impressive 172 per cent surge in net profit at Rs 773 crore in ...
56m
Adani Green Energy Q2 net profit surges 39% to Rs 515 crore
The Adani Group firm's total income rose 30.4 percent to Rs 3,376 crore in Q2FY25 as against Rs 2,589 crore in the year-ago period ...
16h
Adani launches attack on scientists who revealed new evidence of mining risks to the protected Doongmabulla Springs
Mining giant Adani has accused scientists of being used by anti-coal campaigners after they published new research ...
Impacts
2d
Adani Foundation To Take Over The Administration of Mount Carmel Convent School
The Adani Foundation has plans to take over the private high school in Chandrapur. As of now, the Adani Group will manage the ...
1d
Adani Group Launches New App To Book Cheap Train Tickets, Air Tickets
The Adani Group, led by Gautam Adani, has launched a new super app called Adani One, designed to revolutionize the travel and ...
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