UAE: The board of RAK White Cement has recommended that its shareholders accept a cash offer from UltraTech Cement for the acquisition of a further stake in the company. Global Cement News reported in May 2024 that UltraTech Cement had offered to acquire 32% of shares in the company. It previously acquired 29% in April 2024.
RAK White Cement encourages shareholders to accept UltraTech Cement’s offer to acquire stake
URL: https://www.globalcement.com/news/item/17456-rak-white-cement-encourages-shareholders-to-accept-ultratech-cement-s-offer-to-acquire-stake
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