UltraTech to buy Century's cement business in â¹8,600 cr deal
Aditya Birla Group's UltraTech Cement has said it would acquire the cement business of BK Birla Group's Century Textiles for an enterprise value of â¹8,621 crore. The deal will help UltraTech become the world's third-largest cement maker outside China. The transaction is part of the Birla familyâs plan to consolidate cement businesses within one company, UltraTech MD KK Maheshwari said.