ITC is targeting synergies such as increasing its EBITDA per tonne for the paper business by 30% to 40%, its medium-term ...
Aditya Birla sells Century Pulp and Paper to ITC for Rs 3,498 crore, focusing on real estate growth. The deal boosts ITC's ...
Birla Estates, a wholly owned subsidiary of ABREL, recently sold homes worth approximately Rs 3,000 crore through its luxury ...
The acquisition will immediately add significant scale and economies to existing operations with potential for further ...
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 ...
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 ...
ITC shares in Tuesday's trade (April 1, 2025) zoomed over 1 per cent to the day's high price of Rs 414.15 per share on the ...
By divesting its paper business, Aditya Birla Real Estate sharpens its focus on real estate, unlocking value and easing debt.
Aditya Birla Real Estate sells pulp and paper business to ITC for Rs 3,498 crore, focusing on real estate growth.
Aditya Birla Real Estate Limited board approved the divestment of its pulp and paper venture in Uttarakhand to ITC Limited ...
ABREL said the divestment of the pulp and paper business will “further enable the company to pursue growth opportunities in ...
The transfer of the business will be for a lump-sum cash consideration of Rs 3,498 crore, ABREL said in a stock exchange ...