Cement News tagged under: Ambuja Cements Ltd
Adani Group holding company sells US$500m stake in Ambuja Cements Ltd23 August 2024, Published under Cement NewsHolderind Investments, an Adani Group -owned company, is selling US$500m worth of shares in Ambuja Cements Ltd , according to a Reuters report released on 22 August 2024. Holderind is selling the 2.84 per cent stake in the Indian cement giant on 23 August, at a floor price of INR600 (US$7.14) per share. As of 30 June 2024, Adani Group held a 70.33 per cent stake in Ambuja, according to market data. Holderind’s 50.9 per cent stake in the cement manufacturer represents the majority ... |
Page
1
of
1
1