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Construction : Cement Update | February 2016 | Source : CW-India

UltraTech eyes stake in Kenya┬┤s ARM Cement

UltraTech Cement, backed by Indian billionaire Kumar Mangalam Birla, is likely to buy a controlling stake in ARM Cement of Kenya. As reported, ARM is in talks with an unidentified institutional investor about a $125 mn investment.

CONTACT: UltraTech Cement.
TEL: 022-6691 7800.
FAX: 022-6692 8109.

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