# ACC and Ambuja Cements put proposed merger on hold

ACC Ltd and Ambuja Cements Ltd, both controlled by LafargeHolcim, announced they are putting their proposed merger on hold due to constraints related to transfer of mines under current laws.

- Type: Acquisition
- Announced: 2018-02-27
- Where: India
- Status: cancelled
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [LafargeHolcim Group](https://endata.com/companies/19905.md) (investor)
- [ACC](https://endata.com/companies/20080.md) (target)

## Sources

- [hindustantimes.com](https://www.hindustantimes.com/business-news/acc-ambuja-cements-put-merger-on-hold-over-mines-hurdle/story-oNZZbMNFyNIqdk8vdXhvqI.html), 2018-02-27: "The current regime on transfer of mineral concessions is still evolving and does not provide for a merger currently."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.