Adani's cement biz merger may benefit Ambuja shareholders: AnalystsAnalysts view the Adani Group's proposed cement business merger favorably for Ambuja Cements shareholders, simplifying the group structure ...
Ambuja Cements approves merger with ACC, Orient Cement; Brokerages decode impact. What’s in for investors?Shares of Ambuja Cements and ACC rose after Ambuja’s board approved the merger of ACC and Orient Cement into Ambuja to form a unified “One ...
Ambuja Cements, Orient Cement shares zoom up to 10% following board approval for merger with Orient CementAmbuja Cement share price witnessed a surge on Tuesday after the company embarked on a merger with ACC Ltd and Orient Cement Ltd, a move de...
Explained: What merger of Ambuja Cements, ACC, Orient Cement means for Adani shareholdersAmbuja Cements’ board approved merger schemes to combine ACC and Orient Cement into Ambuja through share swaps, with no cash payout. ACC sh...
ACC, Ambuja stocks face headwindsThe calling off the merger discussions has coincided with rising input costs.
Ambuja Cements, ACC tank up to 4% as merger deal falls apartThe transfer of mines between the two was proving to be uneconomical, said market watchers.
ACC and Ambuja Cements place merger plans on holdBoth ACC and Ambuja notified the stock exchanges on the decision to put off the merger talks.
LafargeHolcim lays ground for merger of ACC and Ambuja, gets closer to rival UltraTechThe combined capacity of ACC and Ambuja, at 63.06 million tonnes annually, will help LafargeHolcim inch closer to rival UltraTech Cement, t...
Many gains from a ACC-Ambuja merger to lift valuationIt makes logical sense to operationally merge ACC into Ambuja Cements, given the structural benefits of the equity holding: Ambuja is alrea...
ACC, Ambuja Cements initiate study to explore merger; should you buy?Reacting to the development, shares of Ambuja Cements surged as much as 9.1 per cent to their highest level since September 21, 2016.
Ambuja Cements gains nearly 5% on merger buzz with ACCReacting to the news, shares of ACC climbed as much as 5.15 per cent during the day. The scrip was trading 3.42 per cent higher at Rs 1,475...
Holcim-Lafarge plan mega merger of Ambuja, ACC and Lafarge IndiaHolcim-Lafarge has embarked on a mega restructuring plan in India and is looking at a plan to merge ACC, Ambuja and Lafarge India.
ACC to retain brand name post-Holcim-Lafarge mergerTo a query on performance, Sekhsaria said ACC result was adversely affected due to sluggish economic environment last year which hit volume...
Holcim's India operation restructuring plan gets FIPB nodSources said the complex deal was cleared by the Foreign Investment Promotion Board (FIPB) at its meeting today.
Ambuja Cements tanks 14% post ACC-Holcim deal; lowest since April 10The proposed deal would imply transfer of nearly all the cash from the books of Ambuja Cements to Holcim & higher stake in combined entity.
Ambuja to be flagship entity for Holcim's India operations with ACC as a subsidiaryHolcim to hike stake in Ambuja to 61.3% while Indian firm will buy out Swiss co's 50.1% in ACC.
- Holcim raising stake in ACC
The world’s second largest cement maker Holcim Group has started strengthening its stake in its Indian subsidiary ACC through creeping acqu...