Adani Becomes India’s Second-largest Cement Producer
Asia’s richest person, Adani, became the second-largest cement producer in the country after acquiring 63.19% of Ambuja Cements Ltd. and its subsidiary ACC in Fierce bidding with local companies. Adani acquired a controlling stake in Holcim AG’s cement business for a $10.5 billion deal, said Adani group on Sunday. With this, the Adani group became…
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