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HOLCIM GROUP COMPANY
Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
- Holcim's $6.4 billion deal with Gautam Adani to be a tax-free transaction?Tax department officials told ET that the deal was unlikely to face capital gains tax if Holcim had acquired the stakes before 2017, when I...
- Gautam Adani’s biggest M&A: Acquires Ambuja Cement, ACC from Holcim for $10.5 bnAdani has pipped Sajjan Jindal-led JSW Cement, the other serious contender in the race for Holcim Holdings' listed cement assets in India A...
- No tax liability, indemnity in sale of Ambuja Cements, ACC to Adani Group: HolcimThe new buyers of Ambuja Cement and ACC will be liable for the anti-trust fines against the two companies which are presently being litigat...
- Adani’s acquisition of Holcim businesses to be one of the largest deals in IndiaThe biggest acquisition of an Indian company has been Walmart’s acquisition of Flipkart for $16 billion in 2018. The purchase of Essar Oil ...
- Ultratech makes a formal bid for Holcim's India assetsThe JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...
- Adani lines up financing, frontrunner for Holcim India's assets worth $10 billionSwitzerland-based Holcim that globally merged with French rival Lafarge in 2015 to create a mega entity LafargeHolcim – a European cement a...
- Ambuja, ACC on block as Holcim has India rethinkHolcim is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels. Both are...
- Government allows Ambuja Cement to acquire 24% stake in holding firmThe CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
- Swiss cement giant Holcim CEO Bernard Fontana steps downSwiss cement giant Holcim announced that its Chief Executive Officer Bernard Fontana will step down from his position.
- Merger with Lafarge in India on track: HolcimFrench cement maker Lafarge has four manufacturing plants at Chhattisgarh, West Bengal, Rajasthan and Jharkhand in India.
- 'LafargeHolcim to be largest cement, concrete firm'Holcim and Lafarge, with combined sales of 32 billion euro, said the merger plan was unanimously approved by their Boards and fully support...
- 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.
- ACC to invest Rs 3,330-crore on expansion plan by 2015Leading cement manufacturer ACC today announced an investment of Rs 3,300 crore by 2015 to set up three grinding units and a clinker facili...
- Cement demand firms up, but prices unlikely to riseDemand for cement has surged following the end of the monsoon, helping large cement makers clock a strong double-digit growth in despatches...
- ACC to delist GDRs from LSEACC, the country’s largest cement maker, has proposed to delist its global depository shares from the London Stock Exchange. The GDRs have ...
- Holcim to build ACC, GACL synergySwiss cement major Holcim may appoint some management consultants to provide advice on combining some of the best practices and processes i...
- Holcim hikes GACL stake to 30.3%SWISS cement major Holcim on Monday purchased 1.84% stake in Gujarat Ambuja Cement (GACL) for around Rs 300.21 crore, increasing its holdin...
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