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The acquisition of Century Pulp & Paper gives ITC a presence in north India, with in-house expertise in pulp manufacturing. - ...
The rise in the Aditya Birla Real Estate shares came after the company sold its Century Pulp & Paper business to ITC for Rs 3,498 crore on a slump sale basis.
ITC said the acquisition of Century Pulp and Paper is in line with its strategy to drive the next phase of growth in its Paperboards and Specialty Papers Business.
The deal, which is expected to be concluded within six months, subject to shareholders’ and regulatory approvals, will consolidate ITC’s presence in the domestic paperboard and speciality paper segmen ...
has sold Century Pulp and Paper (CPP), located in Lalkuan, Uttarakhand, to ITC for Rs 3,498 crore through a lump-sum sale. JM Financial Limited acted as the exclusive financial advisor ...
"Over the years, Century Pulp and Paper has become synonymous with strong performance and high sustainability standards. To take it to the next level in size and value, the company is pleased to ...
Bareilly: Century Pulp & Paper Mill, Asia’s leading paper manufacturer, is set to undergo a change in ownership. The factory was earlier under the Birla Group, but its acquisition was officially ...