Adani Group is all set to acquire Holcim’s stake in ACC and Ambuja Cement for $10.5 billion

Adani Group is all set to acquire Holcim’s stake in ACC and Ambuja Cement for $10.5 billion

The Adani Group recently reported it has made agreements to obtain Swiss concrete major Holcim’s whole stake in two of India’s driving concrete organizations – Ambuja Cements and ACC, for $10.5 billion. The arrangement, charged as the biggest ever M&A exchange in the foundation and materials space, denotes the section of the Ahmedabad-settled Adani Group…