Adani Group, ultratech cement and Heidelberg
Adani Group in talks to buy Heidelberg's Indian cement operations, ET reports
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times reported on Monday, citing people familiar with the matter.
Heidelberg Cement shares surge on reports of Adani Group eyeing ₹10,000 crore buyout
The HeidelbergCement India stock was trading 5.05% higher at ₹229.81. The stock is up 22% in the last one year, with its current market capitalisation at about ₹5,200 crore.
Heidelberg exploring sale of India business; taps Adani, UltraTech and JSW Cement
Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s stake is worth around Rs 3,437 crore at the current market price. A controlling stake sale will trigger a mandatory open offer under SEBI’s takeover norms, for acquiring a 26 percent stake from public shareholders.
Adani Group in talks to buy Heidelberg's Indian cement operations, paper says
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter.
Adani in talks to acquire Heidelberg's Indian cement unit for $1.2 billion
The potential deal is the latest in Adani Group's massive expansion push in the cement sector. The company entered the industry in 2022 by acquiring Holcim's stake in Ambuja Cement
Gautam Adani to acquire Heidelberg's Indian cement unit for $1.2 billion?
In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials' Indian cement operations, after recent acquisitions.
Adani Group in talks to acquire Heidelberg Materials' Indian cement operations
India: Adani Group is negotiating the purchase of Heidelberg Materials' cement business in India, potentially valued at US$1.2bn, according to Reuters. Heidelberg Materials has been present in India since 2006,
RBC Capital Remains a Buy on Heidelberg Materials (0MG2)
In a report released today, Anthony Codling from RBC Capital maintained a Buy rating on Heidelberg Materials (0MG2 – Research Report), ...
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1 dead after tractor accident in Heidelberg
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Heidelberg Instruments Reports Several Installations of its ULTRA Semiconductor Mask Writer as Global Semiconductor Demand Surges
Heidelberg Instruments, a world-leading provider of advanced laser lithography systems, is pleased to announce a continued ...
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Heidelberg Materials and Carbon Re AI integration to improve kiln performance
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Robert Barnett elected as Heidelberg’s new mayor after runoff
HEIDELBERG, Miss. (WDAM) - The Town of Heidelberg has elected its new mayor. Robert Barnett won Thursday’s runoff ...
Adani Group In Talks To Buy Heidelberg's Indian Cement Operations: Report
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be ...
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Asteroid mission aims to save humans from the fate of the dinosaurs
The NASA spacecraft hit the roughly 160 meters in diameter Dimorphos, which orbits a larger asteroid — the 780 meter Didymos.
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BASF to deliver biomass-balanced ammonia to Evonik
BASF SE (Ludwigshafen, Germany) and Evonik Industries AG (Essen, Germany) have agreed on the first delivery of BASF’s ammonia BMBcertB grade. Thereby, ...