Cement News tagged under: RAK White
UltraTech proposes reduced cash offer for RAK White shares26 June 2024, Published under Cement NewsThe UAE Securities and Commodities Authority has approved the strategic decision of Aditya Birla Group -owned UltraTech Middle East Investment’s regional operations. This decision involves reducing the size of its cash offer component for an additional stake in Ras Al Khaimah Co for White Cement & Construction Materials , a move that is expected to strengthen the company’s position in the market. According to local media, instead of putting up cash for 31.6 per cent in the RAK entity, ... |
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