Edition:
India

UltraTech Cement Unit To Divest Entire Equity Stake In Shandong Binani Rongan Cement


Tuesday, 7 Jul 2020 

July 7 (Reuters) - UltraTech Cement Ltd ::UNIT ENTERED INTO BINDING AGREEMENT FOR DIVESTING ENTIRE EQUITY SHAREHOLDING OF 92.5% IN SHANDONG BINANI RONGAN CEMENT.DEAL FOR ENTERPRISE VALUE OF RMB 845 MILLION PLUS/MINUS WORKING CAPITAL ADJUSTMENTS ON CLOSING.