Adani-owned Ambuja Cement will acquire a 100% stake in Penna Cement at an enterprise value of more than Rs 10,400 crore. The deal gives Adani a significant footprint in Western and Southern India. Nigel has the details #adanigroup #pennacement #stocks #cnbctv18digital | CNBC-TV18
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Adani Group's Ambuja Cements acquires Penna Cement for Rs 10,422 crore
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Jun 13, 2024
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