For ABREL, the sale fuels its real estate ambitions. For ITC, the acquisition cements its leadership in paper. The deal marks a fundamental shift—one company exits a cyclical business, while the other ...

By divesting its paper business, Aditya Birla Real Estate sharpens its focus on real estate, unlocking value and easing debt.

Birla Estates, a wholly owned subsidiary of ABREL, recently sold homes worth approximately Rs 3,000 crore through its luxury ...

Aditya Birla Real Estate Ltd (ABREL) on Monday announced the sale of its pulp and paper business to ITC for Rs 3,498 crore as ...

Aditya Birla Real Estate Ltd (ABREL), the real estate branch of Aditya Birla Group announced the sale of its pulp and paper ...

The deal involves the transfer of CPP’s operations located in Lalkuan, Uttarakhand, which has been a key player in the Indian paper industry since its establishment in 1984. With an annual production ...

Brokerage firms Antique and UBS remain bullish on Aditya Birla Real Estate (ABREL) and Hindustan Aeronautics (HAL), ...

For the Aditya Birla Group, the sale aligns with its broader strategy of reallocating capital. The conglomerate has recently ...

This sale will help ABREL focus more on its main real estate business and create more value for its shareholders, said the ...

Aditya Birla Real Estate Ltd (ABREL) will sell its pulp and paper business – Century Pulp and Paper (CPP) -- located at ...

Aditya Birla Real Estate Ltd is selling its pulp and paper business, Century Pulp and Paper, to ITC for Rs 3,498 crore. This ...

Aditya Birla sells Century Pulp and Paper to ITC for Rs 3,498 crore, focusing on real estate growth. The deal boosts ITC's ...