trending Market Intelligence /marketintelligence/en/news-insights/trending/7Bqi9KAU334GuRMpiTok6Q2 content esgSubNav
In This List

Grasim Industries closes Aditya Birla Chemicals purchase

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Next in Tech | Episode 48: The everything that is Industrial IoT


Grasim Industries closes Aditya Birla Chemicals purchase

Grasim Industries Ltd. on Jan. 4 closed its deal to acquire Aditya Birla Chemicals (India) Ltd. for a transaction value of 14.62 billion Indian rupees (US$219.8 million).

The company offered 235.28 rupees per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Khaitan & Co. was the legal adviser for Grasim Industries.

Khaitan & Co. was the legal adviser for Aditya Birla Chemicals.