Holcim has signed a binding agreement for the Adani Group to acquire its business in India comprising its 6311Percentage stake in Ambuja Cement which owns a 5005Percentage interest in ACC as well as its 448Percentage direct stake in ACC The corresponding offer share prices of Rs 385 for Ambuja Cement and Rs 2300 for ACC translate into cash proceeds of CHF 64 billion for Holcim
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