UltraTech leads race to buy Emami Cement

UltraTech Cement Ltd has emerged as the front-runner to buy Emami Cement Ltd in an all-cash deal worth ₹6,500-7,000 crore, with the final binding bid round expected to end next week.

“UltraTech Cement Ltd, India’s largest producer of the building material, has emerged as the front-runner to buy the cement business of Emami Group in an all-cash deal worth ₹ 6,500-7,000 crore”livemint.com

• 1 source
• livemint.comUltraTech leads the race to buy Emami Group’s cement businessAnirudh Laskar, Ridhima SaxenaDec 22, 2019

Summarized from public sources; check the original articles before acting on it.