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Richest Asian Is Also Busiest Dealmaker With a $17 Billion Spree

  • Gautam Adani has been on a dealmaking spree the past year
  • Adani scouting for media targets, exploring pact with Aramco
Gautam Adani in Kolkata, India, on April 20.
Gautam Adani in Kolkata, India, on April 20.Photographer: Dibyangshu Sarkar/AFP/Getty Images
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Indian billionaire Gautam Adani became the richest person in Asia this year. Now, a vast empire-building exercise is making him one of the region’s busiest dealmakers. 

A $10.5 billion pact announced Sunday to buy the Indian operations of Swiss building-materials firm Holcim Ltd., capped a run of some 32 acquisitions for Adani the past year, valued at about $17 billion, according to data compiled by Bloomberg News.