ITC Acquires Century Pulp and Paper for Growth
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Published on: April 01, 2025 | Source: IndMoney
ITC Ltd has signed a Business Transfer Agreement to acquire Century Pulp and Paper for ₹3,500 crore, boosting its paper capacity by 60%. JPMorgan main...
ITC Ltd has signed a Business Transfer Agreement to acquire Century Pulp and Paper for ₹3,500 crore, boosting its paper capacity by 60%. JPMorgan maintains an overweight rating but lowers the target price due to margin pressures. The acquisition is expected to enhance profitability and market presence in the paper industry.
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ITC Ltd has signed a Business Transfer Agreement to acquire Century Pulp and Paper for ₹3,500 crore, boosting its paper capacity by 60%. JPMorgan main...
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