UltraTech Cement to acquire India Cements’ Pawai limestone mine

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India: UltraTech Cement and India Cements are reportedly poised to conclude a deal for the acquisition of the latter’s 185ha Pawai limestone mine in Panna, Madhya Pradesh, by Mumbai-based UltraTech Cement. Marketline News has reported that the Aditya Birla subsidiary expects to pay US$98m for the asset.

Last modified on 05 October 2022

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URL: https://www.globalcement.com/news/item/14711-ultratech-cement-to-acquire-india-cements-pawai-limestone-mine

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