Adani-owned Ambuja Cement will acquire 100% stake in Penna Cement at an enterprise value for Rs 10,422 cr. This is the second major acquisition after Sanghi Industries since Adani entered the cement business 2 years ago.
#ambuja #adani #pennacement #stockmarketupdates #latestmarkettrends #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday #cnbctv18
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