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Ambuja Cement to buy 46.8% stake in Orient Cement: Rs 8,100-crore deal, company to make open offer for 26% stake

Business

Adani Group's Ambuja Cements Limited announced today (October 22) that it will invest in Orient Cement Limited (OCL) for Rs. 8,100 crore to buy 46.8% stake. The deal involved OCL's promoters...

Ambuja Cements will buy 46.8% stake of Orient Cement: Deal made for Rs 8,100 crore, company will also bring open offer for 26% stake.

Economy

Adani Group's Ambuja Cements Limited today (October 22) announced that it will acquire 46.8% stake in Orient Cement Limited (OCL) for Rs 8,100 crore. This deal will be completed by purchasing...

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Tag: adani group

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