Wed, Nov 16, 2016
On August 12, 2016, Ambuja Cement acquired stake in ACC. The deal involved Ambuja Cement issuing 58.4 crore shares worth Rs 11,200 crore to the Swiss parent, which would take its stake up to 61.39% from the current 50%. It also acquired 50.1% stake of Holcim in ACC.
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Mon, Jul 11, 2016
The world's largest cement maker – LafargeHolcim will sell its assets in Lafarge India to Nirma Ltd for $1.4 billion, subject to approval by the Competition Commission of India (CCI).
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