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Infrastructure

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.
UltraTech gets CCI nod to acquire Century cement business
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