Kumar Mangalam Birla weighs ACC, Ambuja bid, move may invite regulator scrutiny - Economic Times

Birla's flagship UltraTech is the leading cement player in the country and any bid will face scrutiny from India's anti-trust watchdog. UltraTech's capacity, combined with that of Ambuja Cement and ACC Ltd, the two listed arms of The Holcim Group in India, wi…

Kumar Mangalam Birla is exploring ways to bid for Holcim's India cement assets and compete against JSW's Sajjan Jindal and Gautam Adani who are already in hot pursuit, said multiple sources aware of … [+4988 chars]

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