Adani Group’s Open Offer To Launch From July 6-19: Acc
Cement producer ACC on Thursday announced that Adani Group's open offer will open on Wednesday, July 6, 2022 and conclude on Tuesday, July 19, 2022.
The Gautam Adani-led Adani Group agreed to buy Swiss building materials maker Holcim Ltd’s India assets Ambuja Cements and ACC Ltd for $10.5 billion ( ₹80,000 crore). The Adani family, through an offshore special purpose vehicle, agreed to acquire 63.19% of Ambuja Cements and 54.53% of ACC. The deal is likely to close in second half of…