Ultratech: Cementing Its Way To The Top

Published On: 07/09/2018

Practice Area: Competition Law

Authors:

Avimukt Dar
Shreya Suri
On August 21, 2018, the Competition Commission of India (the "Commission") approved the acquisition of Century Textiles and Industries Limited ("Century") by UltraTech Cement Limited ("UltraTech"). Through this combination, UltraTech has proposed to acquire the cement assets of Century, situated in the Indian states of Madhya Pradesh, Maharashtra, Chhattisgarh and West Bengal.