Anjani Portland Cement to be taken over by India’s Chettinad Cement

Chettinad Cement Corporation (CCC) of India says it will acquire Anjani Portland Cement (APC) for around €11.79 million (INR 1 billion). APC has debt of €25.85 million (INR 2.22 billion), limestone reserves and a cement plant with annual output of 1.2 million tonnes.

Chettinad Cement Corporation (CCC) of India says it will acquire Anjani Portland Cement (APC) for around €11.79 million (INR 1 billion). APC has debt of €25.85 million (INR 2.22 billion), limestone reserves and a cement plant with annual output of 1.2 million tonnes.