ITC announced its plans to acquire Aditya Birla-owned paper producer Pulp & Paper Undertaking for ₹3,498 crore on Monday, March 31.

The acquisition of Century Pulp & Paper gives ITC a presence in north India, with in-house expertise in pulp manufacturing. - ...

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 ...

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.

"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 ...

(Image: Reuters) The share price of ITC to remain in focus in Tuesday’s trade as it acquired Aditya Birla Real Estate’s Century Pulp and Paper for Rs 3,498 crore. The acquisition will help the ...

With the acquisition of Century Pulp & Paper (CPP) from Aditya Birla Real Estate for `3,498 crore, ITC Ltd is seeking to expand capacity, secure supply chains, control costs, and improve market ...

the Company has entered into a Business Transfer Agreement (‘BTA’) with Aditya Birla Real Estate Limited (‘ABREL’) for acquisition of ABREL’s pulp and paper business operated under the name of ...

Aditya Birla Real Estate (formerly Century Textiles and Industries) has sold the pulp and paper undertaking at Lalkuan in Uttarakhand to ITC for ₹3,498 crore. The board at its meeting held on ...

The Board of Directors of Aditya Birla Real Estate at its meeting held on Monday, 31 March approved the execution of the business transfer agreement for divestment of the company's Pulp and Paper ...