Cement sector sees a concrete 2024 with over 10 deals
Business Standard|December 16, 2024
Cement assets attracted both acquisitions and fresh financial investments worth over $3.5 bn
AMRITHA PILLAY
Cement sector sees a concrete 2024 with over 10 deals

With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion.

During the year so far, 11 deals have been announced, according to Bloomberg data. Some of them were led by the top two firms in the cement sector in India - UltraTech Cement and Adani-promoted Ambuja Cements - and were concentrated in the South India market. Most of the deals have increased the concentration of cement assets within the top four companies, even as cement prices remain under pressure.

هذه القصة مأخوذة من طبعة December 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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