The AV Birla group companies, Grasim and UltraTech that were reported to be in race to acquire L&T?s RMC business, L&T Concrete on Tuesday denied they have any such plans going forward. Sanjeev Bafna, senior vice-president and deputy CFO of the company, said, ?We will not acquire L&T?s RMC business and we have no such plans. We plan to grow in RMC organically. It does not make sense for us to acquire the business now.?
… not in race for L&T?s RMC biz
The AV Birla group companies, Grasim and UltraTech that were reported to be in race to acquire L&T?s RMC business, L&T Concrete on Tuesday denied they have any such plans going forward.
This article was first uploaded on April thirty, twenty eight, at twenty-three minutes past twelve in the am.
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