ACC and Ambuja Cements put merger plans on hold

Print this page

India: ACC and Ambuja Cements, the two Indian subsidiaries of LafargeHolcim, have put their merger plans on hold. ACC said that its board was of the opinion that there were ‘certain constraints’ blocking its merger plans, according to the Press Trust of India. However, it added that a merger was its ‘ultimate’ objective. Ambuja Cements made a similar statement. Both companies joined Holcim in 2005, before becoming part of LafargeHolcim in 2015.

Last modified on 28 February 2018

URL: https://www.globalcement.com/news/item/7147-acc-and-ambuja-cements-put-merger-plans-on-hold

© 2021 Pro Global Media Ltd. All rights reserved.