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 Acquires Orient Cement for ₹8,100 Crore, Targets 100+ MTPA Capacity by FY25
Adani Group has acquired Orient Cement for Rs 8,100 crore, aiming to surpass 100+ MTPA operational capacity by FY25, further strengthening its position in India's cement industry.
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
A Look At The Cement Sector After Adani Group's Ambuja Cements Buys Orient Cement
Adani Group-owned Ambuja Cements announced its acquisition of a 46.8% stake in Orient Cement at ₹395.4 per share, valuing the deal at ₹8,100 crore. As part of the deal, Ambuja Cements will acquire a 37.
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.
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of ₹8,100 crore as part of its expansion drive. Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group,
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.
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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, ...
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Sebi notice to Adani Energy for alleged mis-categorisation of shareholding
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Adani Energy Solutions Ltd (AESL), the power transmission arm of the Adani group, on Tuesday said it has received a notice from SEBI alleging wrongful categorisation of certain investors as public ...
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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 ...
SEBI Issues Notice to Adani Energy Solutions Over Alleged Wrongful Categorisation of Shareholding
SEBI has issued a notice to Adani Energy Solutions Ltd regarding the alleged wrongful categorisation of certain investors as ...
Major deals in India's cement sector since Adani Group's entry in 2022: A timeline
Ambuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant ...