Adani completes the $6.4 billion acquisition of Holcim's stake in Ambuja Cement and ACCAdani Group chairman Gautam Adani, who is now the wealthiest India, also pipped Bernard Arnault and Jeff Bezos to become the second richest...
16 Sep, 2022, 06.24 PM IST
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...
16 May, 2022, 04.06 PM IST
Looking at 10 acquisition targets, Holcim CEO says after Adani dealHolcim is examining 10 acquisitions with the ability to buy large and small companies, Chief Executive Jan Jenisch said on Monday, after th...
16 May, 2022, 01.12 PM IST
ACC, Ambuja Cements rally after Holcim India dealGautam Adani's group on Sunday said it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for USD 10.5 ...
16 May, 2022, 11.36 AM IST
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 ...
16 May, 2022, 06.01 AM IST
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...
11 May, 2022, 09.54 PM IST
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...
26 Apr, 2022, 12.37 PM IST
- Government allows Ambuja Cement to acquire 24% stake in holding firm
The CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
20 Jul, 2016, 11.06 PM IST
UltraTech drops out of race for Holcim-Lafarge assetsIndustry experts point out that recent acquisition of JP Associates' MP unit by Ultratech has quelled KM Birla's appetite for acquisitions ...
12 Jan, 2015, 09.26 PM IST
- 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...
28 Dec, 2010, 05.47 AM IST
- Holcim scoops up ACC shares to cement control
Swiss cement major Holcim is increasing its stake in ACC, one of India’s leading cement companies, through open market purchases in an atte...
27 Jun, 2008, 01.32 AM IST
- SAT waives Rs 25 cr penalty on Holcim
In a major relief to Swiss cement maker Holcim, Securities Appellate Tribunal (SAT) today set aside a Rs 25 crore penalty imposed on the co...
29 May, 2008, 06.32 PM IST
- Holcim to invest Rs 10,000 cr in five years in cement sector
Aiming to exploit the burgeoning infrastructure sector, Swiss cement maker Holcim will invest about Rs 10,000 crore in the next five years ...
03 Feb, 2008, 03.51 PM IST
- Holcim buys Canada's St Lawrence
Swiss cement maker Holcim said on Tuesday its C$43.50 a share cash offer for minority shares in Canada's St. Lawrence Cement Group had been...
31 Jul, 2007, 06.48 PM IST
- Holcim first-quarter profit doubles after purchases
Holcim Ltd, the world's second-biggest cement maker, said first-quarter profit more than doubled after it spent more than 1.2 billion dolla...
03 May, 2007, 02.20 PM IST
- Holcim Q3 profit up 43% to $689 mn
Holcim, the world’s second-largest cement maker, reported a 42.5% rise in third quarter net profit and set ambitious mid-term margin target...
10 Nov, 2006, 12.00 AM IST
- Holcim fined Rs 25 cr for breach of open offer norms
The Securities and Exchange Board of India (Sebi) on Friday slapped a penalty of Rs 25 crore on Holcim (India) for violation of Sebi’s open...
26 Aug, 2006, 03.40 AM IST