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Key News - Tata Power, Capgemini, Bharat Forge, Share India Securities, Holcim, By ARETE Securities Key News Tata Power bags NHPC's solar project worth Rs 1,731 cr in Rajasthan Tata Power Solar Systems on Monday said it has bagged 300 MW solar project worth Rs 1,731 crore from state-owned NHPC. "Tata Power Solar Systems, one of India's largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged an order of 300 MW solar project worth Rs 1,731 crore, inclusive of tax from NHPC," a company statement said. According to the statement, the...
Key News - Tata Power, Capgemini, Bharat Forge, Share India Securities, Holcim, By ARETE Securities
Key News - Tata Power, Capgemini, Bharat Forge, Share India Securities, Holcim, By ARETE Securities
Source: ARETE Securities Ltd
17/05/2022 9:43:52 AM
Ambuja, ACC stocks rise as Adani to buy Holcim's entire stake in cement makers Shares of cement makers Ambuja Cements and ACC rose on Monday after Adani Group announced that it would buy Switzerland-based Holcim Ltd's entire stake in the leading Indian cement companies. The share of the cement makers closed Monday's trade 2.3 per cent and 3.8 per cent higher, respectively, from their previous close. On Sunday, Adani Group, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerlan...
Ambuja, ACC stocks rise as Adani to buy Holcim's entire stake in cement makers
Ambuja, ACC stocks rise as Adani to buy Holcim's entire stake in cement makers
Source: IANS
16/05/2022 4:51:20 PM
Holcim looking at 10 acquisition targets - CEO ZURICH - Holcim is examining 10 acquisitions with the ability to buy large and small companies, Chief Executive Jan Jenisch said on Monday, after the Swiss cementmaker agreed to sell its Indian operations to Adani Group in a $10.5 billion deal. "We are growing at quite a fast pace and the plan is, the proceeds from the divestment, we will continue to accelerate our strategy 2025 and acquire new companies," Jenisch told reporters. "At the moment we have around 10 tran...
Holcim looking at 10 acquisition targets - CEO
Holcim looking at 10 acquisition targets - CEO
Source: Reuters
16/05/2022 12:30:06 PM
Adani to acquire Holcim's stake in Ambuja Cements and ACC Ltd The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd's entire stake in two of Indias leading cement companies -Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19 per cent in Ambuja Cements and 54.53 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements). The value for the Holcim stake and open offer consideration for Ambuja ...
Adani to acquire Holcim's stake in Ambuja Cements and ACC Ltd
Adani to acquire Holcim's stake in Ambuja Cements and ACC Ltd
Source: IANS
16/05/2022 8:13:12 AM
India's JSW Group to make $7 billion bid for Holcim's India units Indian metals-to-cement conglomerate JSW Group will make a $7 billion bid for Holcim AG's Indian subsidiaries Ambuja Cements Ltd and ACC Ltd, the Financial Times reported on Tuesday. The company will offer $4.5 billion in its own equity and $2.5 billion from undisclosed private equity partners for the bid, JSW Group Chairman Sajjan Jindal told the newspaper, adding that it will acquire 63% stake in Ambuja Cements. The move comes as Switzerland's Holcim tries to diversify away fr...
India's JSW Group to make $7 billion bid for Holcim's India units
India's JSW Group to make $7 billion bid for Holcim's India units
Source: Reuters
10/05/2022 8:35:58 AM