Orient Cement acquired by Adani in a deal worth over Rs 8,000 crore
Adani Cement has signed a deal to acquire CK Birla Group's Orient Cement at an equity value of Rs 8,100 crore. This acquisition will increase Adani Group's Ambuja Cements' capacity by around 30 million tonnes per annum within two years.
The deal is expected to be completed in three to four months.
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