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 ...

The acquisition will immediately add significant scale and economies to existing operations with potential for further ...

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

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 ...

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

ITC said the acquisition of Century Pulp and Paper is in line with its strategy to drive the next phase of growth in its ...

In a research note, Nomura has a Buy on Aditya Birla Real Estate with a target price of Rs 2700 per share. This implies an ...

Aditya Birla Real Estate sells pulp and paper business to ITC for Rs 3,498 crore, focusing on real estate growth.

The transfer of the business will be for a lump-sum cash consideration of Rs 3,498 crore, ABREL said in a stock exchange ...

ABREL said the divestment of the pulp and paper business will “further enable the company to pursue growth opportunities in ...