Adani Group to acquire Holcim’s India business for $6.39 billion

2022.05.15 20:01

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo

(Reuters) – Holcim (SIX:HOLN) AG on Sunday said it signed a binding agreement for Adani Group to acquire Holcim’s business in India.

Adani Group to acquire Holcim’s full stakes in Ambuja Cement Ltd and ACC Ltd for 6.4 billion Swiss francs ($6.39 billion)

($1 = 1.0017 Swiss francs)

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