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Adani Group

Adani-group
Adani portfolio companies complete Rs 15,400 crore primary equity transaction with IHC
IANS -
Syed Basar Shueb, CEO and Managing Director of IHC, said: "This strategic expansion of our business aligns with IHC's commitment to broadening and diversifying our investment portfolio. There is no doubt that this transaction will directly and positively impact India's overarching ambition for long-term plans for clean energy. The deal represents 4.87 per cent of the total trade between the UAE and India, which has reached $ 41 billion between 2020 and 2021.
Adani-Ambuja-Cements
Ambuja, ACC stocks rise as Adani to buy Holcim's entire stake in cement makers
IANS -
The share of the cement makers closed Monday's trade 2.3 per cent and 3.8 per cent higher, respectively, from their previous close. On Sunday, Adani Group, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim's stake in the two companies.
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After $10.5 billion Holcim deal, Gautam Adani becomes India’s second largest cement producer
Newsmen Business Desk -
After this deal, the Adani group acquired 63.19% of stakes in Swiss cement major Holcim Ltd's India operations. Swiss cement major Holcim Ltd. initiated disinvestment in its India businesses to reduce its reliance on Carbon-intensive cement production which produces high levels of Carbon emissions and thus cautioned many environmentally conscious investors.
Adani-Group
Adani Group to buy 49% in Quint; media company's shares up over 9%
IANS -
The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year. It has signed a Shareholders' Agreement with Quintillion Media Ltd (QML) and QBML and a share purchase agreement with QML, QBML and Quint Digital Media Ltd (QDML) in connection with its proposed acquisition of a 49 per cent stake in the media company.
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Adani-Ambuja-Cements
Adani to acquire Holcim's stake in Ambuja Cements and ACC Ltd
IANS -
Holcim, through its subsidiaries, holds 63.19 per cent in Ambuja Cements and 54.53 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements). The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is $10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space.
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Adani Airports raises $250 mn for airports development
IANS -
The facility has an option to raise additional $200 million. The financing structure enables a scalable capital solution with flexibility to tap global capital markets in line with AAHL's vision of providing a transformational airport infrastructure platform.
Adani-Transmission-reports-cash-profit-of-Rs-763-crore-in-Q4-up-19.4% YoY
Adani Transmission reports cash profit of Rs 763 crore in Q4, up 19.4% YoY
IANS -
The financial highlights of Q4FY22 on a year-on-year basis show that the company's consolidated revenue increased by 13.5 per cent at Rs 2,582 crore, consolidated EBITDA grew 17.5 per cent at Rs 1,382 crore, while consolidated cash profit was up 19.4 per cent at Rs 763 crore.
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ATGL's revenue from operations at Rs 3,206 crore in FY22, increase of 80%
IANS -
The financial highlights for FY22 ATGL's revenue from operations increased by 80 per cent to Rs 3,206 crore with an EBITDA of Rs 815 crore, up by 9 per cent. The company reported PBT (profit before tax) of Rs 679 crore, up by 8 per cent, PAT (profit after tax) at Rs 505 crore, up by 7 per cent and consolidated PAT at Rs 510 crore, up by 10 per cent.
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Adani-Enterprises
Adani Enterprises' consolidated EBIDTA increased 45% to Rs 4,726 cr in FY22
IANS -
The financial highlights FY22 on a year-on-year (YoY) basis: AEL's total income increased by 75 per cent to Rs 70,433 crore on account of significant increase in prices in IRM segment. Its EBIDTA increased by 45 per cent to Rs 4,726 crore post consolidation of Mumbai Airport w.e.f. Q2 FY22 and higher margins in IRM business.
Adani-Portsi
Adani acquires India's largest marine services company Ocean Sparkle
IANS -
Key activities carried by the company include towage, pilotage, and dredging. With an asset base of 94 owned vessels and 13 third-party owned vessels, OSL is a market leader. OSL is valued at an enterprise value of Rs 1,700 crore with Rs 300 crore of free cash in the company. The company was established in 1995 by a group of marine technocrats with P. Jairaj Kumar as the Chairman and MD, who will continue as the Chairman of the OSL board.
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