NEW DELHI: 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.
Ambuja Cement, India's No.2 cement maker, will buy 46.8 per cent of its founders including chairman CK Birla, and certain public shareholders for Rs 3,791 crore. This would trigger an open offer for an additional 26 per cent stake in Orient, according to a company statement.
Orient, which has two cement plants in the south and one in western India, will be Ambuja's second acquisition this year.
この記事は Millennium Post Delhi の October 23, 2024 版に掲載されています。
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この記事は Millennium Post Delhi の October 23, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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