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Tor M&As?
Mint New Delhi
|March 27, 2025
Medium-term. Other high M&A candidates include: Ram Cement (-4mtpa), Jay Cement (-2.7mtpa), and Heidelberg Cement (-1.2mtpa), and Heiri (-13.5mtpa) could sell off their assets due to financial distress or lucrative offers,
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" said DAM Capital. DAM’s analysis of the sector points to a wave of consolidation. Given the dearth of acquisition candidates among comparable cement companies, Deccan Cements, and Prism Cement are perceived as attractive targets. As such, we believe there is limited scope for consolidation, keeping valuations low for manageable asset sales and project planning," said the 12 analysts. Nonetheless, slowing competition brings respite for ceme
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