Sunday 9 December 2018
 
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Shree Cement

Acquisition of RAK plant by Shree Cement complete

The Government of Ras Al Khaimah today completed a deal with India’s Shree Cement under which the latter has acquired the emirate’s Union Cement Company (UCC).    The Foreign Direct Investment (F

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Acquisition of RAK plant by Shree Cement complete

The Government of Ras Al Khaimah today completed a deal with India’s Shree Cement under which the latter has acquired the emirate’s Union Cement Company (UCC).    The Foreign Direct Investment (F

More…

Union Cement plans to become private company

Union Cement Company, currently listed on the Abu Dhabi Securities Exchange (ADX), plans to de-list its shares from the stock exchange and convert into a private joint stock company. At the company's recently held General Asse

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India's Shree Cement to buy $305m stake in RAK group

Shree Cement, one of the biggest cement makers in India, has won approval from the company's board to acquire a majority stake in the UAE-based Union Cement Company (UCC), said a report. With this acquisition, the cement capac

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India's Shree Cement to buy $305m stake in RAK group

Shree Cement, one of the biggest cement makers in India, has won approval from the company's board to acquire a majority stake in the UAE-based Union Cement Company (UCC), said a report. With this acquisition, the cement capac

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