 "cement")
With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion.
During the year so far, 11 deals have been announced, according to Bloomberg data. Some of them were led by the top two firms in the cement sector in India- UltraTech Cement and Adani-promoted Ambuja Cements- and were concentrated in the South India market.
Most of the deals have increased the concentration of cement assets within the top four companies, even as
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