Adani Group in Advanced Talks to Acquire Holcim's India Units, Bloomberg Reports
April 26 2022 - 6:24AM
Dow Jones News
--Adani Group is in advanced talks to acquire Holcim Ltd.'s
stake in India-based Ambuja Cements Ltd., which has a market value
of $10 billion, Bloomberg reported, citing unnamed sources.
--No final decisions have been made concerning Holcim's 63.1%
stake in the company, and other bidders including JSW Group are
still interested, according to the report.
Full story: https://bloom.bg/3k9ajRY
Write to Clarence Leong at clarence.leong@wsj.com
(END) Dow Jones Newswires
April 26, 2022 06:09 ET (10:09 GMT)
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