
Holcim: Cementing an Exit Strategy
The Morning Brief
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Ambuja and a C Cs Merged in 2016
To 20 13, wholesome dosa, major rork in ambuja and a c c to stream line their dual holdings in india. Several minority investors, including former ambuja c f o unisingl, were up in arms for what they believed was a bad outcome for small or institutional shareholders. But eventually, in 20 16, a c c became a subsidiary of ambuja to further bring the two operations together. Ambuja and ac c then went on to sign a master supply agreement in 20 18. By then, already holse was planning to merge both ambuja into one composite entity to simplify life. So what does that mean? In
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