Data News > Notification of Final Settlement Results for UltraTech Cement's Acquisition Offer for RAK White Cement

Notification of Final Settlement Results for UltraTech Cement's Acquisition Offer for RAK White Cement

By KlickAnalytics Data Insights  |   July 11, 2024 08:03AM ET

- The acquisition offer from M/S UltraTech Cement Middle East Investments Limited for RAK White Cement has been finalized
- RAK White Cement's stock price increased by 6.54% following the announcement

According to a recent notification, the final settlement results for the acquisition offer from M/S UltraTech Cement Middle East Investments Limited for RAK White Cement have been released. Following the announcement, RAK White Cement's stock price saw a significant increase of 6.54%, reaching 1.14. This positive development highlights the successful completion of the acquisition offer and indicates a bright future for the collaboration between the two entities. For more information, you can visit the ADX website at the following link: https://www.adx.ae/English/Pages/NewsDetails.aspx?viewid=20240711132106-RAKWCT.
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