Nuvoco to buy Emami Cement business for about Rs.55-60 bn
01 Feb 2020
1 Min Read
Editorial Team
Nirma Group’s cement division Nuvoco Vistas has reportedly emerged as the frontrunner to acquire Emami Group’s 9 mtpa cement business for an enterprise value of about Rs.55-60 bn. Other bidders in the race for Emami Cement included top cement manufacturers such as UltraTech, Star Cement and...
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