UltraTech gets CCI nod to acquire Century cement business
Updated : August 22, 2018 07:23 AM IST
The company said the CCI has given its approval for the share swap deal between the companies, Ultratech said in a regulatory filing.
On May 20, UltraTech said it would acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal, a move which would further consolidate its position as market leader in the segment.
However, the copy of the CCI order is awaited, it added.
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