Question

    Ambuja Cement and ACC Ltd, 26% stake was acquired by

    which company recently?
    A Larsen and Toubro Correct Answer Incorrect Answer
    B ONGC Correct Answer Incorrect Answer
    C Ultra Tech Cement Correct Answer Incorrect Answer
    D Adani Group Correct Answer Incorrect Answer
    E Reliance Industries Correct Answer Incorrect Answer

    Solution

    The Adani family made an open offer to buy a 26% stake each in its two listed firms – Ambuja Cements and ACC Ltd for $10.5 billion.

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