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INDIACEM India Cements News Story

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Brief: Ultratech Cement Approves Purchase Of Upto 70.6 Million Shares Of India Cements

June 27 (Reuters) - UltraTech Cement Ltd  ULTC.NS :
    * MAKING A FINANCIAL INVESTMENT TO PURCHASE UPTO 70.6
MILLION
EQUITY SHARES OF INDIA CEMENTS
    * NON-CONTROLLING FINANCIAL INVESTMENT CONSTITUTES AROUND
23% OF
EQUITY SHARE CAPITAL OF ICL
    * DEAL AT A PRICE OF UPTO 267 RUPEES PER SHARE

Source text for Eikon:  ID:nBSEMT14H 
Further company coverage:  ULTC.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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