real estate news
ITC Seeks CCI Approval to Acquire Aditya Birla Real Estate's Pulp & Paper Business for ₹3,498 Crore
ITC Ltd has formally sought approval from the Competition Commission of India (CCI) to acquire the pulp and paper business of Aditya Birla Real Estate Ltd (ABREL) for a significant sum of ₹3,498 crore. The proposed transaction aims to strengthen ITC's position in the paper and pulp industry.
Real Estate
Aditya Birla Real Estate Board to Consider Fund Raising on 23 July 2025
Aditya Birla Real Estate’s board is scheduled to meet on 23 July 2025 to discuss raising funds through various debt securities. The funds will be used to refinance existing debt and release encumbrances on CPP’s assets, aligning with the proposed sale of the CPP division to ITC.
real estate news
Aditya Birla Real Estate to Consider Fund Raising on 23 July 2025
Aditya Birla Real Estate's board is set to meet on 23 July 2025 to consider raising funds through various debt securities. The funds will be used to refinance existing debt and support the proposed sale of the Century Pulp and Paper division to ITC.
real estate news
CAM Advises ITC on ₹3,500 Crore Acquisition of Aditya Birla Real Estate's Pulp & Paper Unit
Corporate Affairs Ministry (CAM) provided legal advice to ITC on its significant ₹3,500 crore acquisition of the pulp and paper unit from Aditya Birla Real Estate. This strategic move aims to bolster ITC's presence in the paper and pulp market, enhancing its competitive edge.
Real Estate
CAM Advises ITC on ₹3,500 Crore Acquisition of Aditya Birla Real Estate’s Pulp & Paper Unit
Cyril Amarchand Mangaldas (CAM) provided legal counsel to ITC on the proposed acquisition of the pulp and paper business from Aditya Birla Real Estate. The deal, valued at ₹3,500 crore, is a significant move in the Indian paper industry.
real estate news
Cyril Amarchand Mangaldas Advises ITC on ₹3,500 Crore Deal for Aditya Birla Real Estate's Pulp and Paper Business
Cyril Amarchand Mangaldas (CAM) provided legal counsel to ITC on the significant acquisition of Aditya Birla Real Estate's pulp and paper division, valued at ₹3,500 crore. This strategic move aims to bolster ITC's presence in the paper and packaging sector.
Real Estate
Aditya Birla Real Estate Sells Pulp and Paper Unit to ITC for Rs 34.98 Billion
Aditya Birla Real Estate Limited (ABREL) has announced the sale of its Pulp and Paper plant in Lalkuan, Uttarakhand, to ITC for Rs 34.98 billion. This strategic move is anticipated to significantly boost the company's financial health and focus on core real estate projects.
Real Estate
ITC's Strategic Pulp and Paper Acquisition: A Green Move for Growth
ITC's acquisition of Aditya Birla Real Estate's pulp and paper business is a strategic move to capitalize on the growing demand for eco-friendly packaging solutions. This deal is expected to expand ITC's capacity and strengthen its market position.
real estate news
ITC's Strategic Move: Acquiring Pulp and Paper Business to Boost Sustainable Packaging
ITC's acquisition of Aditya Birla Group's pulp and paper business is a significant step towards tapping into the growing demand for eco-friendly packaging. This move is expected to drive growth and reinforce ITC's position in the sustainable packaging market.
Real Estate Mumbai
ITC's Strategic Acquisition of Pulp and Paper Business: A Step Towards Sustainable Growth
ITC's acquisition of Aditya Birla Group's pulp and paper business is a strategic move to capitalize on the growing demand for eco-friendly packaging solutions. This article delves into the details of the acquisition and its potential impact on ITC's growth trajectory.
Real Estate Mumbai
ITC Expands in Northern Market with Strategic Purchase of Century Pulp and Paper
ITC has made a strategic move by acquiring Aditya Birla Real Estate's Century Pulp and Paper, which is expected to bolster its presence in the northern market. Nomura has given a Buy rating to Aditya Birla Real Estate, citing the potential growth from this deal.
Real Estate
ITC Expands in the North with Acquisition of Century Pulp and Paper from Aditya Birla Real Estate
ITC's strategic acquisition of Century Pulp and Paper from Aditya Birla Real Estate is expected to bolster its presence in the northern market. Financial analysts at Nomura have given a Buy rating to Aditya Birla Real Estate, citing the positive implications of the deal.
Real Estate Pune
ITC Ltd. Eyes Aditya Birla Real Estate's Pulp & Paper Business: A Strategic Move Forward
ITC Ltd., a diversified conglomerate, is in talks to acquire Aditya Birla Real Estate’s pulp and paper business, marking a significant step in its expansion strategy. This deal could potentially strengthen ITC’s position in the paper and packaging sector.
Real Estate
ITC Shares in Spotlight: Acquisition of Aditya Birla Real Estate's Pulp & Paper Business
ITC Ltd., a diversified conglomerate, and Aditya Birla Real Estate Ltd. are set to draw attention to their shares on April 1, following ITC's potential acquisition of Aditya Birla Real Estate's pulp and paper business.
Real Estate
ITC to Acquire Aditya Birla Real Estate's Pulp and Paper Unit
Indian conglomerate ITC has announced its plans to acquire the pulp and paper business of Aditya Birla Real Estate for up to 35 billion rupees. This strategic move aims to strengthen ITC's position in the paper and packaging industry.
real estate news
ITC to Acquire Aditya Birla Real Estate’s Pulp and Paper Unit for 35 Billion Rupees
Indian conglomerate ITC has announced the acquisition of Aditya Birla Real Estate's pulp and paper business for an estimated 35 billion rupees. This strategic move aims to strengthen ITC's market position in the paper and pulp industry.
Real Estate Mumbai
Aditya Birla Group Offloads Pulp & Paper Business to ITC for Rs 3,500 Crore
Aditya Birla Group has divested its pulp and paper business, Century Pulp and Paper (CPP), to ITC for a significant sum of Rs 3,500 crore. This strategic move is set to bolster ITC's position in the paper and packaging industry.
real estate news
Aditya Birla Group Sells Pulp and Paper Business to ITC for Rs 3,500 Crore
The Aditya Birla Group has announced the sale of its pulp and paper business to ITC for Rs 3,500 crore, marking a significant shift in the company's strategic focus. This move is aimed at streamlining operations and optimizing resource allocation.
Real Estate
ITC Acquires Century Pulp and Paper from Aditya Birla for Rs 3498 Crore
Aditya Birla Group has sold its subsidiary, Century Pulp and Paper, to ITC for a significant sum of Rs 3498 crore. This strategic move will allow Aditya Birla to focus on its core business, real estate, while ITC aims to expand its presence in the paper and pulp industry.
Real Estate
ITC and Aditya Birla Real Estate: Market Focus on Rs 3,500 Crore Deal
ITC and Aditya Birla Real Estate have finalized a deal regarding the Century Pulp and Paper business, which is expected to put both stocks in focus on Tuesday. The significant transaction is likely to have a notable impact on the market and investor sentiment.