UltraTech board approves deal to snare control of India Cement

UltraTech board approves deal to snare control of India Cement

Photo: Mint

UltraTech Cement, India’s number one cement maker, said its board on Sunday approved a $472 million deal to gain control of India Cements, which will bolster its position in the country’s southern states.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter