Page 8 - Ambuja Cements
What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani
Speeding up capacity expansion would be top focus area, said analysts
 "What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani")
Cementing growth
Adani Group is increasing its stake in the India story
 "Cementing growth")
After $10.5-bn deal, Adani makes open offer for Ambuja and ACC stake
On a combined basis, this would be among the largest open offers in the history of India's capital markets
 "After $10.5-bn deal, Adani makes open offer for Ambuja and ACC stake")
Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%
NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index
 "Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%")
Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz
The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.
 "Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz")
Top Headlines: Adani acquires Ambuja Cements, Sebi panel on FPIs, and more
From Gautam Adani winning the race for Ambuja Cement to Sebi forming expert panel on FPIs, here are the top headlines on Monday
 "Top Headlines: Adani acquires Ambuja Cements, Sebi panel on FPIs, and more")
Ultratech in talks with rival cement firms, PEs on asset divestiture plans
India's largest firm in the sector seeks more time from Switzerland's Holcim to make a bid for Ultratech and ACC.
 "Ultratech in talks with rival cement firms, PEs on asset divestiture plans")
US Fed rate hike raises cost of funds for Ambuja Cements bidders
The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC
Ambuja acquisition could be LIC's windfall; acquirer to make open offer
LIC owns 6.3 per cent stake worth Rs 4,602 crore in Ambuja Cements and 5.66 per cent stake worth Rs 2,445 crore in ACC
 "Ambuja acquisition could be LIC's windfall; acquirer to make open offer")
Holcim'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.
 "Holcim's sale of Ambuja Cement, ACC to be biggest exit of an MNC from India")
Top headlines: IMF on India's $5-trn economy aim, drop in MGNREGA demand
Here are the top headlines on Tuesday
 "Top headlines: IMF on India's $5-trn economy aim, drop in MGNREGA demand")
Adani, JSW groups submit non-binding bids to acquire Ambuja Cements
Holcim intends to close the transaction early
 "Adani, JSW groups submit non-binding bids to acquire Ambuja Cements")
Holcim likely to seek exemption under India-Mauritius tax agreement
The India-Mauritius treaty was designed to attract foreign investments in the early 1990s when India's foreign exchange reserves were alarmingly low
 "Holcim likely to seek exemption under India-Mauritius tax agreement")
Ambuja Cements: Holcim's stake sale is a crucial near-term trigger
With margins seen under pressure and analysts' target price of Rs 350-410, the gains otherwise are limited
 "Ambuja Cements: Holcim's stake sale is a crucial near-term trigger")
Apollo Global Management may lend $1 bn to JSW for Ambuja Cements buy
The group is in talks with several sovereign funds based in west Asia to acquire Ambuja Cements
Ambuja Cements net profit slumps 30.26% to Rs 856.46 crore in Q1
The consolidated result of Ambuja Cements also includes the financial performance of its step-down firm ACC Ltd
Damani eyes partners for Ambuja Cements buy; may invest up to Rs 10,000 cr
May monetise Avenue Supermarts stake to raise funds
 "Damani eyes partners for Ambuja Cements buy; may invest up to Rs 10,000 cr")
Adani Enterprises hits new life-time high, stock up 5% on heavy volume
According to a Bloomberg report, Gautam Adani's conglomerate is in advanced talks to acquire Holcim Ltd.'s businesses in India.
 "Adani Enterprises hits new life-time high, stock up 5% on heavy volume")
Top headlines: DoT strategising to protect IP, brokerages' 10 stock bets
Business Standard brings you the top headlines this morning
 "Top headlines: DoT strategising to protect IP, brokerages' 10 stock bets")
Ambuja Cements-ACC deal likely to propel buyer to No. 2 position
The open offer for ACC will cost the acquirer Rs 10,800 crore, or $1.42 billion