Grapevine: Adani eyes Heidelberg’s India unit; Saregama may buy into Dharma Productions

By Sreeja Biswas

  • 07 Oct 2024
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Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad | Credit: Reuters

Adani Group is in talks to acquire the Indian cement operations of Germany’s Heidelberg Materials, a media report said.  The deal could be valued around $1.2 billion and would be led by Adani group company Ambuja Cements, The Economic Times reported, citing people familiar with the matter.  Adani Group, India's second-largest cement ......

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