Ultratech – Kesoram acquisition: What’s in it for shareholders?
Ultratech Cement, the biggest cement producer in India, continues to be in a consolidation mode. Put up market hours on November 30, the corporate introduced a share buy settlement to accumulate the cements enterprise of Kesoram Industries, in a 1:52 share swap ratio (no-cash transaction). The transaction would add a complete cement capability of 10.75 … Read more