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Holcim’s Ambuja-ACC deal: have investors got it all wrong?

July 26, 2013August 20, 2014Editor

The stock market verdict on Holcim’s restructuring of its India is an unequivocal thumbs-down. Both Ambuja Cements and ACC are down on Thursday, a day after the merger was announced. Ambuja Cements took a bigger hit and fell by 10.5% while ACC was down by 3%.

Holcim stops short of merging ACC and Ambuja, makes a cash windfall

July 25, 2013August 20, 2014Editor

A merger of Ambuja Cements and ACC has been long speculated upon, since both are owned by the same parent company Holcim. On July 24, Ambuja Cements declared its results and also announced a rather complex restructuring to bring ACC into its fold.