Adani Group, with a $3 billion fund, is aggressively pursuing acquisitions in the cement sector to surpass UltraTech Cement and become India's largest cement manufacturer. The conglomerate has already acquired Holcim's cement businesses and is considering further acquisitions like Penna Cement and Saurashtra Cement.
#AdaniGroup’s concrete plan: $3 billion buyouts in #cement space https://t.co/fBk8UBhssZ
After acquiring Holcim's cement businesses, Adani Group is evaluating further acquisitions, including Penna Cement and Saurashtra Cement, with a $3 billion budget to become the largest cement manufacturer within four years. https://t.co/z0aEEZcedt
The Adani Group has earmarked $3 billion for acquisitions in the cement sector, signalling an aggressive inorganic growth strategy, as the conglomerate strategies to become the largest cement manufacturer in India. @VMukherjee7 #adani #cement https://t.co/6rQRibsNu7
#AdaniGroup is also focussing aggressively on surpassing Aditya Birla Group’s UltraTech to become India’s largest cement manufacturer. Read more: https://t.co/3qDFtscRcz
#LeadStoryOnET | #Ultratech beware! #Adani has a $3 bn fund to win #cement throne https://t.co/G2tcJNlW8E https://t.co/NmjrvHu6Ey
#CitiResearch's top pick- #UltraTechCement. https://t.co/vI4ABJcEj3