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Adani Group Buys Orient Cement
Adani Acquires Orient Cement At Rs 8,100 Crore Equity Value
OCL has 5.6 MTPA clinker capacity and 8.5 MTPA cement capacity along with statutory clearance to increase the clinker capacity by another 6.0 MTPA and cement capacity by another 8.1 MTPA
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.
Adani Cement Acquires Orient Cement
With around 34 million tonnes of capacity shifting in favour of the two market leaders, UltraTech Cement and Adani 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.
Adani Group to acquire CK Birla group firm Orient Cement in a deal valued at Rs 8,100 crore
Ambuja Cement, India’s No.2 cement maker, will buy 46.8 per cent stake of its founders, including chairman C.K. Birla and certain public shareholders for Rs 3,791 crore
Adani Group Acquires Orient Cement for Rs 8,100 cr
Adani Group's Ambuja Cements acquires Orient Cement at Rs 8,100 crore valuation, increasing its cement capacity to 100 MTPA by FY25. The acquisition strengthens Adani's presence in key markets.
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.
Adani Group to acquire CK Birla group firm Orient Cement at Rs 8,100 crore valuation
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 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,
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.
37m
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 ...
1d
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 ...
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