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9 months ago

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India's Adani boosts cement heft with $295 million deal for Sanghi

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India's Adani boosts cement heft with $295 million deal for Sanghi

Indian billionaire Gautam Adani's Ambuja Cements said it would buy a near 83% stake in smaller rival Sanghi Industries for up to $295 million, his group's first major purchase since turmoil sparked by a U.S. short seller's report.

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India's Adani boosts cement heft with $295 million deal for Sanghi

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India's Adani boosts cement heft with $295 million deal for Sanghi

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