Adani Group To Acquire Holcim’s India Business For $6.39 Billion

Adani Group To Acquire Holcim’s India Business For $6.39 Billion

(Reuters) – Holcim 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)

(Reporting by Mrinmay Dey in Bengaluru,)