Kesoram Industries is making a big move, merging its cement business into UltraTech Cement in a substantial $645 million deal.
Splitting and combining things will help Kesoram Industries clean up its financial picture, cutting down on debt, interest payments, and opening up the true potential of its cement business, the company shared. Ultratech acquire Kesoram Industries in $645mn deal On November 30, the folks at Kesoram Industries gave the green light to join forces with … Read more