Aditya Birla’s paper biz divestment amplifies focus on real estate
Source: Live Mint Aditya Birla Real Estate Ltd (ABREL) is divesting its paper division, Century Pulp and Paper, to ITC Ltd in a move that will allow it to sharpen its focus on real estate. According to ABREL, the sale enhances strategic alignment, improves operational efficiency, and unlocks value for shareholders. The sale consideration of…