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Why Did Holcim Sell Its India Assets To Adani? Analysis Of Deal Impact On Cement Sector
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The Adani Group said on May 15 that it has entered into definitive agreements to acquire Swiss cement major Holcim Ltd.’s businesses in India - Ambuja Cements and ACC Ltd, in a deal that propels the infrastructure conglomerate helmed by billionaire Gautam Adani as the second-largest cement maker in the country. Ashwin Mohan who broke the story joins Karunya Rao.
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