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25-01-2022Ambuja Cement is India's Most Trusted Cement Brand in 2022: TRA Research Ambuja Cement Limited, part of the Holcim Group and one of India's largest cement makers, has been recognized as India's Most Trusted. March 21,2022 Advertising On 73rd Republic Day: Brands pays their tribute to the nation
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About Ambuja Cement Initiated in 1983 as Gujrat Ambuja Cements Ltd. and acquired by Holcim Ltd. in 2006, Ambuja Cement is the top choice of the Indian market which is visible in their annual revenues worth a whooping ₨ 9638 crores.
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In September 2021, Holcim reached an agreement to sell its Brazilian cement business to Companhia Siderrgica Nacional at an enterprise value of US$1.025 billion. [28] In May 2022, Adani Group acquired Holcim's stake in Ambuja Cements and ACC for US$10.5 billion. [29]
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23-05-2022The open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19, as per a tentative schedule published by the Adani family today. With an investment of $4 billion (Rs 31,139 crore), together these two open offers might constitute the biggest open offer in corporate Indian history.
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28-06-2022He has finally won in getting the major stocks of Ambuja Cement and ACC for 10.5 billion dollars as HOLCIM leaves India for good. With this, Adanis have achieved the milestone of becoming the second biggest manufacturer in the cement industry only after Ultratech. With this acquisition, Adani has become the biggest consumer of its cement business.
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08-01-2020Ambuja's four new dry mortar solutions are simple to use and help make houses beautiful, opening up new possibilities for market growth. New solutions for new customer needs In a market traditionally driven by hand mix products, Ambuja Cement provides solutions to meet the growing demand for higher performance.
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14/04/2022BENGALURU, April 14 (Reuters) - Holcim (HOLN.S), the world's largest cement maker, may exit India, putting its twin listed arms Ambuja Cements Ltd (ABUJ.NS) and ACC Ltd (ACC.NS) up for
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22-09-2022Gautam Adani's acquisition of Ambuja Cements and ACC from Holcim has sent the stocks of both the companies rallying, adding over ₹40,000 crore to investor wealth in the last one month. While
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2 For July-September quarter (Q3CY22), Ambuja Cements had reported a 94 per cent drop in its consolidated net profit to Rs 51.3 crore, as against Rs 891 crore reported last year. On a sequential basis, too, the company's profit tanked 94 per cent from Rs 865 crore earned in the April-June period.
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15.04.2022The Holcim Group, the largest cement producer worldwide, may exit India, placing its twin listed companies, the Ambuja Cements and ACC Ltd, for sale as part of a worldwide plan to focus on core markets. JSW Steel India and Adani Group, among others, are considered to have undertaken early-stage talks with Holcim to explore their interest
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16/05/2022The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is $10.5 billion, which makes this the largest acquisition by Adani, and India's largest-ever merger and
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First, Ambuja Cements would buy a 24 per cent stake of Holcim (India) from Holderind Investments Ltd. of Mauritius for ₹35 billion. Subsequently, Holcim (India) would be merged with Ambuja Cements. The management of Ambuja Cements projected huge synergy from the merger, whereas proxy firm advisors called it corporate misgovernance.
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26/04/2022Earlier this month newspaper The Economic Times reported that Holcim could exit India business by putting its listed entities Amuja Cements and ACC up for sale. Following this new development,
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10.07.2021Ambuja Cements is the first to launch composite cement in India, an environmentally-responsible product. Ambuja is the only cement company which is eight times water positive and 2.5 times plastic negative. Apart from this, it also ranked 5th in the Global Dow Jones Sustainability Index, a significant global recognition.
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Ambuja Cements Ltd (A Holcim Group Company) is a public company that has been in the industry for 39 years. The company currently specializes in the Building Materials, Specialty Chemicals areas. The position of the Managing Director CEO is occupied by Neeraj Akhoury. Its headquarters is located at Mumbai, Maharashtra, IN.
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16-05-2022Holcim in a statement had said, The corresponding offer share prices of Rs 385 for Ambuja Cement and Rs 2,300 for ACC translate into cash proceeds of CHF 6.4 billion (Swiss Franc) for Holcim.
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25.07.2013The Board of Directors of Ambuja Cements Limited ("Ambuja"), in its meeting today, has unanimously approved a proposal, wherein Ambuja will first acquire from Holderind Investments Ltd.,
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15.04.2022The Holcim Group, the largest cement producer worldwide, may exit India, placing its twin listed companies, the Ambuja Cements and ACC Ltd, for sale as part of a worldwide plan to focus on core markets. JSW Steel India and Adani Group, among others, are considered to have undertaken early-stage talks with Holcim to explore their interest levels.
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16-05-2022Shares of ACC and Ambuja Cements were in huge demand on Monday after Gautam Adani's group clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for USD 10.5 billion. The stock of ACC rallied 7.79% to Rs 2,288.15 on the BSE. Shares of Ambuja Cements gained 4.13% to Rs 373.65.
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15-05-2022The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever
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16/05/2022Adani has agreed to buy shares in Ambuja Cements for Rs 385 per share and shares in ACC for Rs 2300 apiece, according to the statement. Thus the $10.5-billion deal is at a 4 per cent premium
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09/07/2021Holcim launched its new Group identity uniting all its market brands behind its purpose to build progress for people and the planet. Holcim is home to ACC, Aggregate Industries, Ambuja Cements, Firestone Building Products,
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16.05.2022Adani has agreed to buy shares in Ambuja Cements for Rs 385 per share and shares in ACC for Rs 2300 apiece, according to the statement. Thus the $10.5-billion deal is at a 4 per cent premium
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Ambuja Cements Ltd on Sunday announced that it had received shareholders' approval at its extraordinary general meeting (EGM) held on 23 November to buy a 24% stake in Holcim (India) Pvt. Ltd from Holderind International for Rs.3,500 crore, and the amalgamation of Holcim (India) with it.
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16-05-2022AA NEW DELHI: Shares of ACC and Ambuja Cements were in huge demand on Monday after Gautam Adani 's group clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for $10.5 billion. The stock of ACC jumped 3.70 per cent to settle at Rs 2,192 on the BSE. During the day, it rallied 7.79 per cent to Rs 2,288.15.
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09.07.2021Ambuja Cements is the first to launch composite cement in India, an environmentally-responsible product. Ambuja is the only cement company which is eight times water positive and 2.5
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06.05.2021On a standalone basis, Ambuja Cements, part of Swiss firm LafargeHolcim, reported an increase of 87.77 per cent in net profit at INR 440.53 crore as against INR 234.61 crore in the year-ago period. Revenue from operations was INR 2,852.46 crore, up 8.63 per cent as compared to the year-ago period.
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16-05-2022The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is $10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest-ever MA transaction in the infrastructure and materials space. Ambuja Cements and ACC currently have a combined installed production capacity of ~70 MTPA.
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The company had entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for INR 21.4 billion. [5]
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11.05.2022JSW would offer USD 4.5 billion in its own equity and USD 2.5 billion from undisclosed private equity partners for Holcim's Indian assets Ambuja Cement and ACC, the report had said.
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First, Ambuja Cements would buy a 24 per cent stake of Holcim (India) from Holderind Investments Ltd. of Mauritius for ₹35 billion. Subsequently, Holcim (India) would be merged with
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10.07.2021Ambuja Cements is the first to launch composite cement in India, an environmentally-responsible product. Ambuja is the only cement company which is eight times water positive and 2.5 times plastic negative. Apart from
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In 2005, Holcim purchased Aggregate Industries for US$4.1 billion, entering the United Kingdom for the first time. That year, the company also expanded into India by acquiring a stakes in The Associated Cement Companies (ACC) and
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08-04-2022Cement demand is expected to grow at more than 7 per cent YoY in the calendar year 2022, said Ambuja Cements. The growth would be helped by factors such as infrastructure growth, demand for housing, increase in rural incomes and industrial growth.
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Opportunities for Ambuja Cements and Holcim India Merger can be obtained from things such as: Change in technology and market strategies Government policy changes that is related to the company's field Changes in social patterns and lifestyles. Local events. THREATS: Following points can be identified as a threat to company:
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As part of Holcim cement solutions, we also offer a series of services to our customers, such as: Training Lab testing Technical assistance and consulting In some countries, our teams can also provide specific high-value services: 24/7 delivery, inventory management, e-billing, and payment or CO2 footprint calculators. Innovative solutions
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18-04-2022World's largest cement maker, Holcim Group is planning to exit Indian market. As a result, it has put its twin listed arm Ambuja Cements and ACC for sale. Complete buyout in ACEM of Holcim's stake (63.1 percent) would cost the buyer Rs. 46,200 crore. A mandatory open offer (26 percent) in both ACC and ACEM would cost another Rs.
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26-04-2022Earlier this month newspaper The Economic Times reported that Holcim could exit India business by putting its listed entities Amuja Cements and ACC up for sale. Following this new development,
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24.07.2013Through intragroup restructuring, Holcim will increase its shareholding in Ambuja Cements Ltd. ("Ambuja") to 61.39 and Ambuja in turn will acquire Holcim's 50.01 stake in ACC Ltd. (ACC). Both Ambuja and ACC will continue to operate as separate entities with their own brands and go-to-market strategies.
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02-05-2022Holcim's sale of Ambuja Cement, ACC to be biggest exit of an MNC from India Ambuja Cement ended Friday with a market capitalisation of Rs 73,836 crore while ACC closed the day with Rs 43,819 crore. Topics Ambuja Cements | MA | Deals Krishna Kant | Mumbai Last Updated at May 4, 2022 16:17 IST Follow us on
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