For more financial news, visit News24 Business. West China Cement is seeking to acquire South Africa’s AfriSam, marking the latest push by cement companies from the Asian nation to expand on the ...
MUMBAI: After spending nearly $10 billion over three years to build India’s second-largest cement business, the Adani Group is moving to simplify what has become a sprawling corporate structure. The ...
Adani Group’s plan to merge ACC and Orient with Ambuja Cements could reshape India’s cement sector landscape. The Adani group has announced a major reorganisation of its cement business. The group ...
Billionaire Gautam Adani is folding his cement empire into one single entity, in what is seen as an attempt to streamline operations and take on market leader UltraTech Cement Ltd in India's rapidly ...
Shares of Ambuja Cement and Orient Cement rallied up to 10% on Tuesday, December 23, after the former announced that it will merge its subsidiaries ACC and Orient Cement with the company. ACC shares, ...
The shares of Ambuja Cements and Orient Cement jumped in trade on December 23 on bullish brokerage calls after the firms announced that board has approved the scheme to merge the two Adani Group ...
Adani Group’s Ambuja Cements Ltd’s board has approved the amalgamation of ACC Ltd and Orient Cement Ltd with itself to create a single company that would compete will Aditya Birla’s UltraTech Cement.
The Adani Group company Ambuja Cements plans to merge ACC, Orient Cement, Sanghi Industries and Penna Cement with itself, which will dilute the promoters holding to 60.94 per cent from 67.65 per cent.
The board of Adani group firm Ambuja Cements on Monday approved the amalgamation of subsidiaries ACC Ltd and Orient Cement with the company to create a pan-India cement powerhouse. The merger will ...
The board of Adani group firm Ambuja Cements on Monday approved the amalgamation of subsidiaries ACC Ltd and Orient Cement with the company to create a pan-India cement powerhouse. The merger will ...
PETALING JAYA: Hume Cement Industries Bhd has signed a share sale and purchase agreement with YTL Cement Bhd's wholly-owned subsidiary YTL Cement (Sarawak) Sdn Bhd to dispose of its entire equity ...