Adani Group to acquire Holcim's India cement business for CHF 6.4 billion

Adani Group signed a binding agreement to acquire Holcim's entire stake in Ambuja Cement and ACC, including open offer, for CHF 6.4 billion (USD 10.5 billion).

“Adani Group to acquire Holcim’s full stakes in Ambuja Cement and ACC for CHF 6.4 billion”holcim.com

• 5 sources
• holcim.comAdani Group to acquire Holcim’s India businessMay 15, 2022
• businesswire.comAdani Group to Acquire Holcim’s India BusinessMedia RelationsMay 15, 2022
• prnewswire.comAdani to Acquire Holcim's Stake in Ambuja Cements and ACC LimitedAdani Enterprise LimitedMay 15, 2022
• lw.comLatham Advises Adani Group on its Acquisition of Ambuja Cements and ACCMay 16, 2022
• forbesmiddleeast.comBillionaire Adani To Acquire Holcim India Business In $10.5B DealAayushi Pratap, Julian Nabil, Kudakwashe Muzoriwa, Chase Peterson-WithornMay 16, 2022

Summarized from public sources; check the original articles before acting on it.