UltraTech Cement to buy Kesoram's cement business for $645M

UltraTech Cement will acquire the cement business of Kesoram Industries in an all-stock deal valued at 53.79 billion rupees ($645 million), gaining two integrated cement units in Karnataka and Telangana.

“India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal valued at 53.79 billion rupees”reuters.com

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• reuters.comIndia's UltraTech to buy Kesoram's cement business for $645 mlnHritam MukherjeeNov 30, 2023

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