Opinion on Grasim & AB Nuvo Merger

On 11 August 2016, Grasim Industries Ltd (“Grasim”)and Aditya Birla Nuvo Ltd (“Nuvo”), announced a proposal for merger of both the companies. The proposal also includes subsequent demerger and listing of the financial services business – Aditya Birla Financial Services Ltd (“ABFS”).

Please click here to read our opinion on the same: Grasim – AB Nuvo Merger