April 20, 2024 11:37 (IST)
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Adani Group in talks for major debt refinancing first time after Hindenburg report

Adani Group in talks for major debt refinancing first time after Hindenburg report

Mumbai: The Adani Group is engaged in discussions with lenders, including global banks, to refinance a loan facility of up to $3.8 billion that was obtained for the acquisition of Ambuja Cements Ltd. last year, Bloomberg reported.

Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India

Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India

Gautam Adani-led Adani Group has acquired Holcim's stake in Ambuja Cement and its subsidiary ACC at a price tag of $10.5 billion (around Rs 81,361 crore).