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Ambuja Cements , the cement unit of the group controlled by Indian billionaire Gautam Adani , approved a merger with two other companies, streamlining its cement business to expand amid a construction boom in India. On Tuesday, Ambuja announced that its board of directors had approved a merger with Sanghi Industries. Shareholders of Sanghi will
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Indian Billionaire Gautam Adani Acquires Cement Businesses To Expand
Yessar Rosendar
09:19
Ambuja Cements , the cement unit of the group controlled by Indian billionaire Gautam Adani , approved a merger with two other companies, streamlining its cement business to expand amid a construction boom in India. On Tuesday, Ambuja announced that its board of directors had approved a merger with Sanghi Industries. Shareholders of Sanghi will
