Birla

Ultratech To Buy Kesoram Industries’ Cement Business 

Kumar Mangalam Birla’s Ultratech is all set to take over the cement business from Kesoram Industries in an all-stock deal. Both companies disclosed the deal in separate announcements. Although there is not much information available about the deal right now, sources say that the deal is worth somewhere around ₹7600 crore, including a ₹1700 crore…