Adani Group in talks to buy Heidelberg's Indian cement …
WEB19 hours ago — The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday ...
Heidelberg Cement shares surge on reports of Adani Group
WEB15 hours ago — Shares of HeidelbergCement India Ltd. are trading with gains of as much as 18% on Monday, October 7, after a news report said that the Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials. The acquisition could be valued at around ₹ 10,000 crore, the report …
Adani in talks to acquire Heidelberg's Indian cement unit for $1.2 ...
WEB17 hours ago — Germany-based Heidelberg entered India in 2006 and currently operates four plants with a total capacity of 12.6 million tonnes per annum. The company sells cement under two brands, Mycem and Zuari. Heidelberg Cement India's profit fell for the first time in five quarters during the three months …
Adani Group lays bricks to buy Heidelberg’s India cement unit
WEB22 hours ago — The Adani Group, India's second-biggest cement maker, had entered the sector by acquiring Holcim's India operations in 2022. As with Holcim, Adani intends to move fast to close the deal, said the people cited. Ambuja Cements had cash and cash equivalents of Rs 18,299 crore on June 30, 2024. However, the Indian conglomerate may opt out of a deal if it becomes a full sale process involving other ...
HeidelbergCement India pares early gains after company clarifies …
WEB18 hours ago — Ambuja Cements shares opened strong on Monday, rising over 1 percent, while HeidelbergCement India stock jumped over 13 percent, after a news report said that the Adani Group is in discussions to ...
Heidelberg Cement Shares Shoot Up 17% As Adani Group …
WEBPhoto created by Arpit. Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating the purchase of Heidelberg’s cement unit in ...
Adani Group in talks to acquire Heidelberg’s Indian cements unit
WEB18 hours ago — READ LATER. The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times reported on ...
Heidelberg cement news: Heidelberg exploring sale of India …
WEB13 hours ago — The cement consolidation wave was triggered by Adani group’s $6.6 billion acquisition of Ambuja Cements and ACC Limited in 2022 from Lafarge-Holcim. More recently India’s biggest cement maker ...
Heidelberg Materials' 2024 operating profit could rise further …
WEBFeb 22, 2024 — Heidelberg Materials' operating profit could rise further in 2024 after hitting a record last year, it said on Thursday, as the world's second-largest cement maker expects construction demand to...
Heidelberg Cement India stock hits 52-week high ... - The …
WEB14 hours ago — The shares of HeidelbergCement on Monday surged 18% to its fresh 52-week high of Rs 257.85 on the BSE as Adani Group has begun talks to acquire the Indian cement operations of Germany's Heidelberg Materials. The proposed buyout of Heidelberg's India unit will be led by Adani Group company Ambuja Cements and could be valued at around $1.2 billion (Rs 10,000 crore), as reported by ET earlier.