UltraTech gets approval for Century Textiles and Industries

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India: UltraTech Cement has received approval from the Competition Commission of India (CCI) for the acquisition of the cement business of Century Textiles and Industries. The company has given its approval for the share swap deal between the companies.

The transaction will provide UltraTech an opportunity to further strengthen its presence in the east and central markets, extending its footprint in the Western and Southern markets of India.

Last modified on 29 August 2018

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