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Rounak Jain
19 Aug 2022, 17:48

Adani gets SEBI nod for a ₹10,100 cr open offer for Ambuja Cements, ACC

Adani gets SEBI nod for a ₹10,100 cr open offer for Ambuja Cements, ACC

Adani gets SEBI nod for a ₹10,100 cr open offer for Ambuja Cements, ACC

India's richest man Gautam Adani received SEBI nod to go ahead with a $3.8 billion open offer for Ambuja Cements and ACC. In May, the Adani Group acquired the two cement companies from Holcim in a deal valued at $10.5 billion. The company is betting on its infrastructure business as it seeks to integrate these two cement companies into its portfolio.

Adani Transmission becomes first group company to hit ₹4 lakh crore market cap
Bhakti Makwana
16 Aug 2022, 16:54

Adani Transmission becomes first group company to hit ₹4 lakh crore market cap

Shares of Adani Transmission, which delivered more than three-fold returns to investors in the last one year, and is valued ...

Adani Logistics acquires an inland container depot for ₹835 crore
16 Aug 2022, 13:19

Adani Logistics acquires an inland container depot for ₹835 crore

Adani Logistics Ltd, a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd (APSEZ), has signed a definitive agreement to acquire the Inland Container Depot (ICD) "Tumb" (Vapi) from Navkar Corporation Ltd for an enterprise value of ₹835 crore. The deal comprises acquisition of the operational ICD with capacity to handle 0.5 million 20-foot-containers.