Ambanis sell out to Kumar Birla's multi-bilion empire
Article Abstract:
Aditya Birland Group, under the leadership of Kumar Mangalam Birla, has acquired an initial 10% stake in Larsen and Toubro, through Birla's Grasim Industries, for Rs7.7 billion ($160 million). Birla's interest in the cement industry, of which Larsen and Toubro is a major manufacturer, along with being India's largest engineering and construction contractor, is discussed.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 2001
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Benelux expands its reach
Article Abstract:
Issues are presented concerning the activity which has taken place in the mergers and acquisitions market in the Netherlands and in Belgium during 2001. The influence of an international recession on the Benelux region is discussed.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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