Cement stock jumps 11% after CCI approves Ultratech Cement’s acquisition plan

In a significant development within India’s cement sector, a leading industry giant has secured regulatory approval for a major acquisition, marking one of the largest consolidations in the space. The deal  involves a substantial promoter stake of 9.72 percent and an open offer for public shareholders, potentially reshaping the competitive landscape of the country’s cement … Continue reading Cement stock jumps 11% after CCI approves Ultratech Cement’s acquisition plan