India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the ...
NEW DELHI Leading cement producer UltraTech Cement on Friday announced the acquisition of a minority 8.69 per cent stake in Meghalaya-based Star Cement from the promoters in a deal worth Rs 851 crore, ...
UltraTech Cement, an Aditya Birla Group company, has acquired 8.69 per cent in Star Cement for ₹851 crore to further consolidate its position as the largest cement producer in the country.
Dec 27 (Reuters) - UltraTech (ULTC.NS), opens new tab India's top cement maker will buy an 8.69% stake in Star Cement (STAT.NS), opens new tab, it said on Friday, in a deal worth up to 8.51 ...
UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production capacity to UltraTech's portfolio. The deal, totaling ...
UltraTech Cement is expected to post a 26 percent fall in net profit year-on-year (YoY) for the quarter ending December 31 due to lower realization and higher depreciation, say analysts.
Leading cement producer UltraTech Cement on Friday (December 27, 2024) said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 ...
Cement major UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore. The deal involves the purchase of up to 3.7 crore equity shares at a ...
BENGALURU, Dec 20 (Reuters) - India's antitrust watchdog on Friday approved, opens new tab UltraTech Cement's (ULTC.NS), opens new tab acquisition of India Cements (ICMN.NS), opens new tab.