Adani taps Gulf groups and IHC to join efforts for ACC, Ambuja buy - Economic Times


5/5/2022 12:00:00 AM3 yearsago
by Arijit Barman

This is part of a unique acquisition and financing structure the Ahmedabad-based conglomerate is putting in place for the potential $7.5-billion buyout of the two listed cement companies, cumulatively the second largest in India that ranks next only to China …

Billionaire businessman Gautam Adani is in discussions with investment groups and funds from the Middle East, including members of the family of Sheikh Tahnoon bin Zayed Al Nahyan, for financing supp… [+4169 chars]

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