Re-imagining Grasim

23 February, 2017 | Business Today

How the proposed Grasim-AB Nuvo merger will c;reate a mega company with several focused businesses

"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


  • Housing all textile and related businesses from Grasim and AB Nuvo under one entity (Grasim)
  • Pairing the group''s capitaI-hungry, fast-growing businesses (finance and telecom) with steady businesses (textile) with strong cash flows
  • Unlocking value in the financial services business by listing it separately
  • Untangling cross-holdings between the two companies


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A US $44.3 billion corporation, the Aditya Birla Group is in the League of Fortune 500...

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