Holcim said it will merge holding firm Holcim India with its unit Ambuja Cements in a cash and share deal to restructure India operations in a two-step process estimated to be about Rs 14,500 crore. Reuters
SummarySwiss cement-maker Holcim said it will increase stake in the company.
stake in Ambuja and 0.29 per cent stake in ACC directly. Ambuja will have 50.01 per cent stake in ACC.