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UltraTech Cement to buy 8.69% stake in Star Cement
Cement monopoly soon? UltraTech buys stake in Star Cement for Rs 851 crore just days after making India Cements its unit
UltraTech Cement acquires 8.69 per cent minority stake in Meghalaya-based Star Cement for Rs 851 crore in cash, adding to Aditya Birla group’s buying spree
UltraTech to acquire minority stake in Star Cement
The development comes three days after the Aditya Birla group firm completed the acquisition of a controlling stake in India Cements Ltd, turning the south-based company into its subsidiary.
UltraTech to acquire 8.69% in Star Cement for ₹851 crore
Star Cement expanding rapidly in north-eastern India, West Bengal, and Bihar with UltraTech acquiring minority stake.
Republic Business on MSN
4d
India Cements Management Quits As Aditya Birla's UltraTech Cement Takes Control Post Rs 7000 Crore Deal
In a major reshuffle in India's cement industry, UltraTech Cement, part of the Aditya Birla Group, has officially taken ...
4d
on MSN
N Srinivasan resigns as CEO, MD of India Cements post UltraTech acquisition
Leading cement maker UltraTech has completed the acquisition of promoters a 32.72 per cent stake in India Cements Ltd, ...
4d
India Cements promoter N. Srinivasan steps down as UltraTech completes acquisition
Leading cement maker UltraTech has completed the acquisition of promoters a 32.72% stake in India Cements Ltd, following ...
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