Gautam Adani to acquire Holcim India's assets in $10 bn deal
Image Credit: TOI
The Gautam Adani Family has announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim's entire stke in Ambuja Cements and ACC. Asia's richest man Gautam Adani's group on Sunday said it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for $10.5 billion, marking the ports-to-energy conglomerate's entry into the cement sector.