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HOLCIM LIMITED
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...- Holcim considers dual listing of $30 billion US businessUS listings have become increasingly appealing to European companies because the country offers a broader investor base and bigger pool of ...
- World’s biggest cement producers bet on green alternativeHolcim AG and CRH PLC are investing $75 million in Sublime Systems, a startup working to decarbonize cement production. Sublime's electroch...
- Nayara Energy appoints Rajani Kesari as Chief Financial OfficerKesari is a Chartered Accountant and a Cost Accountant. She is also a Certified Public Accountant from American Institute of Certified Publ...
- 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...
- 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...
- Holcim's exit may narrow imbalance in cement market, aid pricing powerAmbuja Cement has a grinding capacity of 31.4 million tonnes per annum (mtpa) and plans to expand to 39.9 mtpa by December 2024. ACC has 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...
- Ambuja Cements begins commercial production at Marwar Plant in Rajasthan“The plant has deployed all modern equipment and technology to produce cement in a more environmentally friendly manner. It has a Waste Hea...
- Ambuja Cement to carry out a cleanup initiative at Narendra Modi Stadium“Our collaboration with BCCI, brings us a step closer to building a cleaner future. Our waste management division, Geocycle has taken many ...
- 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.
- Ambuja-HIPL merger effective from today: ACCOn the effectiveness of the Scheme, all assets of HIPL, including around 9.39 crore shares of ACC, (constituting 50.05 per cent of the paid...
- Lafarge to sell India assets to Nirma for $1.4 billionThe deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of Indi...
- LafargeHolcim to benefit from government's infra spending: Moody'sIndia's Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant ceme...
- Birla Corp pips global giants to scoop up Lafarge India’s eastern assets for Rs 5000 croreThe transaction would be funded through existing cash reserves and incremental debt, and is subject to approval of Competition Commission o...
- 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.
- H&M gets Foreign Investment Promotion Board nod, plans to invest Rs 720 croreSwedish clothing giant Hennes & Mauritz AB today got the FIPB approval to invest about Rs 720 crore for opening stores across the country.
- Ambuja stock lags behind ACC, UltraTech over Holcim dealAnother factor that has resulted in a tepid investor interest in the stock of Ambuja Cements is its geographical presence.
- 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.
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