BLOOMBERG reports:
Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement Ltd. in a deal valued at 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Ambuja will acquire 46.8% shares of Orient Cement from its current founders and certain public shareholders, the company said in an exchange filing Tuesday. The transaction …
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