ACC and Ambuja Cements boards agree to evaluate potential merger

ACC Ltd and Ambuja Cements Ltd, both part of LafargeHolcim Group, have agreed to start evaluating a potential merger to combine their strengths.

“ACC and Ambuja Cements Ltd, both part of the LafargeHolcim Group, on Friday said their boards had agreed to start evaluating a potential merger between the two with a view to combine the strengths of both businesses.”livemint.com

• 2 sources
• livemint.comACC, Ambuja Cements evaluating mergerShailaja SharmaMay 5, 2017
• thehindu.comACC to consider merger with Ambuja CementsPTIMay 5, 2017

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