Business | Edited by Prashun Talukdar | Monday May 16, 2022
Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion (around Rs 81,361 crore). This will be the largest-ever acquisition. Under the deal, Holcim will sell its 63 per cent stake in Ambuja Cements to Adani Group. Adani will also inherit Ambuja's controlling stake in another pu...
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