Ambuja Cement To Expand Pan-India With Penna Cement Acquisition
June 14, 2024
Ambuja Cement has revealed its plans to purchase all the shares of Penna Cement Industries Limited, thereby making Penna Cement a fully owned subsidiary of Ambuja Cements. This acquisition aims to expand Ambuja Cements' footprint in India, especially in South India, and open up opportunities in markets like Sri Lanka,...
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