Ambuja Holcim Deal

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Adani’s Nuvoco buy-out unlikely to pass CCI muster

Media reports had speculated that the conglomerate was planning to buy Nirma’s company
Ambuja-Holcim deal pass test, get minority shareholder nod

Around 87 percent of the public Institutional shareholders casted their vote, with 67.95 percent of those participating voting in favour, 32.05 percent voting against. This indicates that FIIs voted in favour and DIIs led by LIC voted against the deal.
Sebi observes interdependency in Ambuja-Holcim deal

Securities and Exchange Board of India has observed that the two-step restructuring of Ambuja Cements and Holcim group was interdependent and ruled that both legs have to be approved by majority of the shareholders.

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Ambuja Holcim Deal

Adani’s Nuvoco buy-out unlikely to pass CCI muster

Ambuja-Holcim deal pass test, get minority shareholder nod

Sebi observes interdependency in Ambuja-Holcim deal