CCI approves UltraTech's acquisition of Century Textiles' cement business

The Competition Commission of India approved UltraTech Cement's acquisition of the cement business of Century Textiles and Industries. The deal, valued at ₹8,561 crore enterprise value plus ₹3,000 crore debt, will increase UltraTech's capacity to 110 mtpa.

“CCI has given its approval for the share swap deal, said Ultratech in a regulatory filing.”thehindubusinessline.com

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• thehindubusinessline.comCCI clears UltraTech’s purchase of Century arm - The HinduBusinessLineThe HinduBusinessLineAug 22, 2018

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