Friday, April 15, 2022
The possible acquisition of Holcim India business will be one of the biggest inbound corporate deals in the country.
Currently, Walmart Inc.’s $16-billion acquisition of Flipkart Online Services in 2018 remains the biggest acquisition of an Indian asset by any acquirer, followed by BP plc acquisition of a 30 percent stake in Reliance Industries’ 23 oil and gas production blocks in 2011 for $7.2 billion. Bloomberg reported late on 13 April 2022 night that Holcim — the world’s biggest cement maker — is considering a potential sale of its India business
