Heidelbergcement India surges on report of Adani buyout talks

Heidelbergcement India

07/10/2024 05:19

** Heidelbergcement India  HEID.NS  jumps ~15.5% in heavy
volume
    ** Stock set for best one-day jump since March 2020
    ** Adani Group in talks to buy Heidelbergcement in ~$1.2 bln
deal, Economic Times reports
    ** Adani Group, Heidelberg did not respond to requests for
comment
    ** Over 4.5 mln HEID shares traded, already set for busiest
day since Sept 2022

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))