$10 billion was too high a price for Holcim deal, says Kumar Mangalam Birla - Moneycontrol


5/25/2022 12:00:00 AM2 years 11 months ago
by Moneycontrol News

"It would have been nice to have clinched the Holcim deal," added Birla, who was in the race to acquire the Swiss cement maker's India business along with rivals Adani Group and JSW Group.

The deal to take over the Indian assets of global cement major Holcim did not sail through "primarily due to the pricing issue", said Kumar Mangalam Birla, the chief of Aditya Birla Group, while spea… [+2847 chars]

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