Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet
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Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

By Shubhobrota Dev Roy

  • 25 Jul 2023
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Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet
Credit: 123RF.com

The Adani Group-owned cement companies Ambuja-ACC and JK Lakshmi Cement are in the fray to acquire an Ahmedabad-based company, a media report said.   The two frontrunners are expected to start due diligence on Sanghi Cement soon and, if it is satisfactory, place formal offers over the next two months, The Economic Times reported, citing people close to the matter.   Sanghi ......

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