Saturday, October 3, 2009

Samruddhi to Acquire Parent Grasim’s Cement Business (Update1) (Bloomberg)

Oct. 3 (Bloomberg) -- India’s Aditya Birla Group will transfer the cement business of unit Grasim Industries Ltd. to another subsidiary, Samruddhi Cement Ltd., as part of a plan to merge all production and sales of construction materials into a single company.

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