How the proposed Grasim-AB Nuvo merger will c;reate a mega company with several focused businesses&nbsp;<blockquote>"The idea was to c;reate strong parentage from the financial services point of view and faster growth opportunities from Grasim's point of view"— Sushil Agarwal, Group CFO, Aditya Birla Group</blockquote>&nbsp;<h3>THE MEGA MERGER RATIONALE</h3><ul><li>Housing all textile and related businesses from Grasim and AB Nuvo under one entity (Grasim)</li><li>Pairing the group's capitaI-hungry, fast-growing businesses (finance and telecom) with steady businesses (textile) with strong cash flows</li><li>Unlocking value in the financial services business by listing it separately</li><li>Untangling cross-holdings between the two companies</li></ul><a target="_blank" rel="noopener noreferrer" href="https://www.cms.adityabirla.com/uploads/The_best_companie_re_imagining_grasim_ff579754e6.pdf">Click here to read full Article &gt;&gt;</a>

Re-imagining Grasim

THE MEGA MERGER RATIONALE