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India's ITC to acquire Aditya Birla Real Estate's pulp and paper unit
Indian conglomerate ITC NSE:ITC said on Monday it would acquire the pulp and paper business of Aditya Birla Real Estate NSE:ABREL for up to 35 billion rupees ($409.7 million).The acquisition will add 480,000 metric tonnes per year of capacity to ITC's paperboards and specialty papers business, the…
Indian conglomerate ITC NSE:ITC said on Monday it would acquire the pulp and paper business of Aditya Birla Real Estate NSE:ABREL for up to 35 billion rupees ($409.7 million).The acquisition will add 480,000 metric tonnes per year of capacity to ITC's paperboards and specialty papers business, the…
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