Holcim India

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Adani Group in discussions to raise US$4.5bn

Adani Group in discussions to raise US$4.5bn

Following its acquisition of Holcim’s business in India, the Adani Group is in discussions with more than a dozen foreign banks in a bid to raise US$4.5bn. According to The Econ...

Adani Group acquires Holcim India

Adani Group acquires Holcim India

Adani Group has agreed to purchase Holcim India for CHF6.4bn (US$6.37bn). The deal includes Holcim’s 63.11 per cent stake in Ambuja Cement, which owns a 50.05 per cent interest ...

JSW Group to submit bid for Holcim India

JSW Group to submit bid for Holcim India

JSW Group has revealed plans to submit a US$7bn bid for a controlling stake in Holcim’s India assets. Holcim currently holds a 63.1 per cent share in Ambuja Cements and a 4.48 p...

Dalmia Bharat joins the Holcim India race

Dalmia Bharat joins the Holcim India race

Dalmia Bharat Ltd is reportedly planning to bid for Holcim’s India businesses. According to sources close to Dalmia, the company is in talks with banks to secure financing for t...