Emami Group to divest 100 pc stake in cement biz ...
Kolkata, Feb 6 (IANS): The Emami Group on Thursday announced it has entered into a binding agreement with Nuvoco Vistas Corporation Limited - Nuvoco, part of Nirma Group - for the divestment of its 100 per cent equity stake in Emami Cement Limited for an enterprise value of Rs 5,500 crores. Emami Cement operates one integrated cement plant and three grinding units with a total …