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Private equity firm True North has signed an agreement to acquire Votorantim Cimentos' 75% stake in Shree Digvijay Cement Company Limited (SDCCL) for an undisclosed sum. The deal includes a mandatory open offer to minority shareholders.
“True North has signed an agreement to buy Votorantim Cimentos' direct and indirect 75 per cent stake in Shree Digvijay Cement Company Limited (SDCCL) for an undisclosed sum.”business-standard.com
Summarized from public sources; check the original articles before acting on it.