Adani Group open offers for Ambuja Cement and ACC get modest investor response

Out of the 4.9 crore ACC shares that the Adani Group offered to buy, 25.31 lakh shares were tendered as on September 8 – a day before the open offer ended. This amounts to 5.17% of the shares that it is prepared to buy. For Ambuja Cement, 5.66 lakh shares, or 0.11% of the company’s shares, were tendered as on Thursday.

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