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Cement M&As to pause as majors focus on integration

Financial Express Pune

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December 31, 2025

MERGER AND ACQUISITION activity in the cement sector is likely to remain muted through at least the first half of 2026, as the country's largest producers prioritise integration of earlier acquisitions over fresh dealmaking, analysts and industry watchers said.

- URVI MALVANIA

After an intense two-year period of consolidation led by the Adani Group's cement arm and market leader UltraTech Cement, calendar 2025 saw a sharp slowdown in transaction activity. The only notable exception was Adani's acquisition of Jaypee Group's cement assets through the insolvency process, underscoring the broader pause in large-ticket deals.

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Europe agrees to lend 90 bn euros to Ukraine

UKRAINE THANKED THE EU for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years-even if the bloc failed to agree on an ambitious plan to finance it using frozen Russian assets.

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TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

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