BEAMSTART Logo

HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops

Business Standard LogoBusiness Standard10h ago

HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops - Business Standard

Quick Summary:

HeidelbergCement India is engaged in the manufacturing and selling of cement at its three locations viz.

According to a report in The Economic Times, Adani Group has begun talks to acquire the Indian cement operations of Germany-based Heidelberg Materials.

The proposed buyout of Heidelberg's India unit will be led by Adani Group company Ambuja Cements, and could be worth around $1.2 billion (Rs 10,000 crore), the newspaper reported.


More Pictures

HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 10:29:15 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22917481

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops" has 557 words across 25 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops" was covered 10 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 309 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22917481
  • URL: https://beamstart.com/news/heidelbergcement-zooms-18-on-report-17282779301013

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.