Embattled Adani Group on March 12 said it has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead of the March 31 deadline to cut overall leverage in an attempt to win back investor trust post a damning report of a U.S. short seller. In a statement, Adani group said it has repaid […]
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In continuation of its prepaying the finance, the Adani Group has completed full pre-payment of margin-linked share-backed financing aggregating to $2.15 billion before March 31. Additionally, the promoters have also prepaid the $500-million loan facility taken for financing the acquisition of Ambuja Cements Ltd. In a statement, the Group said entire pre-payment programme of $2.65 […]
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Investors tender just 8.28% of ACC shares, 1.35% of Ambuja Cements stock, filings show Investors tender just 8.28% of ACC shares, 1.35% of Ambuja Cements stock, filings show Adani Group’s ₹31,000-crore open offer to acquire 26% additional stakes in Swiss firm Holcim’s two Indian listed entities ACC Ltd. and Ambuja Cements closed on Friday amid […]
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Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum Adani Group on Friday launched its ₹31,000-crore open offer to acquire 26% additional stake from the public shareholders of Swiss firm […]
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In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 billion In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 […]
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Adani Group had made an open offer to both the companies’ public shareholders to acquire 26% stake each in the firm Adani Group had made an open offer to both the companies’ public shareholders to acquire 26% stake each in the firm The Competition Commission of India (CCI) has given its approval for the acquisition […]
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