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Monday, June 6, 2011

Ambuja Cements Ltd Buys 85% Stake In Nepal's Dang Cement Industries Pvt Ltd

Date:6/6/11,
M&A, Strategic Investment,
 
Ambuja Cements Ltd, which is controlled by Swedish cement maker Holcim, acquires 85% stake in Nepal's Dang Cement Industries Pvt Ltd for INR 191.3 milllion. As a result of deal Dang Cement Industries Pvt Ltd operates as a subsidiary of Ambuja Cements Ltd.
Ambuja Cements is also in the process of acquiring further 5% stake a consideration of INR 11.3 million, valuing the company over INR 220 million.
Posted by Baigalla madhan at 7:00 PM

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HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

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