
Holcim: Cementing an Exit Strategy
The Morning Brief
00:00
Global Portfolio Management
This deal has been in the making for last two years. And they have been taking small steps, which we perceive that may be the managment strategy is changing. It was directed towards a different cause, not what we thought it was directed towards. So i think from holsom's point of view, they were pretty clear. If you look at their latest few quarters of presentation, india figures just like one single line. That shows the importance they were giving to india business. Plus, having decided on the strategy to increased exposure to low carbon products, i think they could have sold what sells in the market. So ambuja and asisi is the business which really can
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