Source: www.reuters.com

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(Reuters) - Holcim AG on Sunday said it signed a binding agreement for Adani Group to acquire Holcim’s business in India.

Adani Group to acquire Holcim’s full stakes in Ambuja Cement Ltd and ACC Ltd for 6.4 billion Swiss francs ($6.39 billion)

($1 = 1.0017 Swiss francs)

Reporting by Mrinmay Dey in Bengaluru,