UltraTech Cement likely to acquire 69.39% stake in HeidelbergCement India
Top Aditya Birla group executives recently met the German cement maker’s global management to discuss the acquisition of HeidelbergCement India, the sources said. Heidelberg owns a 69.39% stake in the company, which is listed on the Indian stock exchanges. The stake was worth around ₹3,381 crore at the stock’s closing price on January 24.
Top Aditya Birla group executives recently met the German cement maker’s global management to discuss the acquisition of HeidelbergCement India, the sources said. Heidelberg owns a 69.39% stake in the company, which is listed on the Indian stock exchanges. The stake was worth around ₹3,381 crore at the stock’s closing price on January 24.
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