BBG: Adani Group buys Orient Cement as race with Birla heats up
BLOOMBERG reports: Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement ...
BLOOMBERG reports:
BlackRock denied that it’s working on a possible rival bid for Credit Suisse Group AG, after the Financial Times reported it’s interested in a deal.
“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” according to a spokesman for the U.S. investment giant.
The Financial Times reported the US firm is considering various options and working with other investors on a potential deal. That came after the Swiss firm entered talks on a possible combination with UBS Group AG. The newspaper cited people briefed on the matter it didn’t identify.
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