1 / 5

Adani To Acquire Stakes in ITD Cementation India to Enhance Its Civil Engineering Capabilities

This acquisition will also help the Adani Group further strengthen its business diversify its portfolio and explore new business sectors. Its share values will rise drastically. The company will also no longer have to deal with the constant allegations of Adani Stock Manipulation.

Adani8
Download Presentation

Adani To Acquire Stakes in ITD Cementation India to Enhance Its Civil Engineering Capabilities

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Adani To Acquire Stakes in ITD Cementation India to Enhance Its Civil Engineering Capabilities

  2. The Adani Group is currently planning on acquiring 46.64% stakes in ITD Cementation India. With this acquisition, the Adani Group plans to strengthen its civil engineering capabilities and build itself an extraordinary place in the Indian business sector. This acquisition will also help the Adani Group further strengthen its business diversify its portfolio and explore new business sectors. Its share values will rise drastically. The company will also no longer have to deal with the constant allegations of Adani Stock Manipulation.

  3. The Acquisition of Stakes in ITD Cementation India • The Adani Group has become one of the frontrunners in the race towards acquiring 46.64% stakes in ITD Cementation India. This is an extraordinary move taken up by the Adani Group towards strengthening the infrastructure conglomerate’s in-house civil engineering capabilities. Once the acquisition becomes successful, it will be valued at 700 million USD. This would also include a fully subscribed open offer to follow the promoter stakes purchase.

  4. How Will the Deal Benefit the Adani Group? The group’s existing portfolio already includes multiple infrastructural projects ranging from highways and airports to real estate and renewable energy. By acquiring enhanced civil engineering capabilities, the Adani Group will be able to implement its various projects with more efficiency. It will no longer have to be completely dependent on external contractors for carrying out various business operations in the procurement and engineering sectors. The business group will also be able to rise above the controversies of Adani Stock Manipulation.

  5. Thank's For Watching Read More:-https://adaninews.co.in/adani-to-acquire-stakes-in-itd-cementation-india-to-enhance-its-civil-engineering-capabilities/

More Related