Adani to acquire Holcim India assets for $10.5 billion
NEW DELHI: Asia’s richest man Gautam Adani’s group on Sunday said it had clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 billion, marking the ports-to-energy conglomerate’s entry into the cement sector. The Adani Group will acquire 63.1 per cent of Ambuja Cements Limited along with related assets. […]