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News UltraTech Cement revises offer to acquire RAK White Cement stake down to 25%

UltraTech Cement revises offer to acquire RAK White Cement stake down to 25%

Written by Global Cement staff 26 June 2024
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UAE: India-based UltraTech Cement has revised its former offer to acquire a 32% stake in RAK White Cement.The group told investors on 25 June 2024 that it is now seeking to acquire a 25% stake. The acceptance period for its previous offer elapsed on 24 June 2024.

Published in Global Cement News
Tagged under
  • UAE
  • UltraTech Cement
  • Acquisition
  • Stake
  • RAK White Cement
  • GCW665

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