Adani Group's Strategic Move: Securing Stake in ITD Cementation for $381 Million

In a significant strategic maneuver, an affiliate of the Adani Group, known for its expansive operations across various sectors, has announced plans to acquire a substantial stake in ITD Cementation, a prominent construction and engineering firm based in India. This acquisition is projected to cost approximately $381 million, underscoring the Adani Group's aggressive expansion in the construction and infrastructure sector.

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