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Paperitalo Worldwide News
( Last updated Thursday, April 3, 2025 4:33 pm EDT) | |
Will ITC’s pulp and paper acquisition drive growth?
ITC in its latest acquisition of the pulp and paper business of Aditya Birla Real Estate is attempting to tap into the growing demand for sustainable, eco-friendly wrapping solutions from the e-commerce, QSR, FMCG and pharma industries, amongst others.
The … Thursday, April 3, 2025 4:35 pm EDT
| | | Aditya Birla Real Estate Sells Century Pulp and Paper Business to ITC for ₹3,498 Crore
Century Pulp and Paper (CPP), Aditya Birla Real Estate Limited’s (ABREL) pulp and paper division, would be sold to ITC Limited for a single payment in the amount of ₹3,498 crore. ABREL is making a big move with its strategic removal as it looks to maximize … Thursday, April 3, 2025 4:35 pm EDT
| | | Aditya Birla Real Estate shares rise nearly 2% after Rs 3,498 crore deal with ITC to sell pulp and paper unit
Shares of Aditya Birla Real Estate Ltd gained 1.59% to Rs 1,991 on Monday after the company announced the sale of its pulp and paper business to ITC Ltd for a consideration of Rs 3,498 crore. The business transfer agreement, which involves the Lalkuan- … Thursday, April 3, 2025 4:35 pm EDT
| | | ITC Acquires Century Pulp and Paper from Aditya Birla for Rs 3,498 Crore
Aditya Birla Real Estate (ABREL), formerly known as Century Textiles and Industries, has sold Century Pulp and Paper (CPP), located in Lalkuan, Uttarakhand, to ITC for Rs 3,498 crore through a lump-sum sale.
JM Financial Limited acted as the exclusive … Thursday, April 3, 2025 4:35 pm EDT
| | | ITC to acquire Aditya Birla Real Estate's pulp and paper unit
An ITC manufacturing facility | Credit: ITC
Indian conglomerate ITC said on Monday it would acquire the pulp and paper business of Aditya Birla Real Estate for up to 35 billion rupees ($409.7 million).
The acquisition will add 480,000 metric tonnes per … Thursday, April 3, 2025 4:35 pm EDT
| | | ITC buys Century Pulp and Paper in INR 3,498-crore deal
ITC strengthens its paper business with the INR 3,498-crore acquisition of Aditya Birla Real Estate’s pulp and paper division, targeting growth and sustainability.
ITC has signed a business transfer agreement to acquire Century Pulp and Paper (CPP) from … Thursday, April 3, 2025 4:35 pm EDT
| | | Aditya Birla Real Estate shares in focus after Rs 3,498-crore sale of Century Pulp and Paper to ITC
Aditya Birla Real Estate Ltd (ABREL) shares will be in focus on Tuesday after the company's board approved the sale of its pulp and paper business in Lalkuan, Uttarakhand, to ITC Ltd for Rs 3,498 crore under a business transfer agreement.
The company … Thursday, April 3, 2025 4:35 pm EDT
| | | ITC shares in focus after buying Aditya Birla Real Estate’s Century Pulp and Paper
The share price of ITC to remain in focus in Tuesday’s trade as it acquired Aditya Birla Real Estate’s Century Pulp and Paper for Rs 3,498 crore. The acquisition will help the company to expand its foothold in the north. Nomura has given a Buy rating to … Thursday, April 3, 2025 4:35 pm EDT
| | | Aditya Birla Real Estate Ltd streamlines portfolio - Divests Century Pulp and Paper undertaking for Rs. 3498 Cr
The Board of Directors of Aditya Birla Real Estate Limited ("ABREL" or "the Company"), at its meeting held today, approved the execution of the business transfer agreement for divestment of the Company's Pulp and Paper undertaking … Thursday, April 3, 2025 4:35 pm EDT
| | | ITC to acquire Pulp and Paper undertaking of Aditya Birla Real Estate for ₹3,498 crore
The Board of Directors of Aditya Birla Real Estate Ltd. (ABREL) on Monday approved the sale of company’s pulp and paper undertaking in Lalkuan, Uttarakhand, to ITC Ltd. in an all-cash deal of ₹3,498 crore.
R. K. Dalmia, Managing Director, Aditya Birla Real … Thursday, April 3, 2025 4:35 pm EDT
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