UltraTech plans investment in UAE’s RAK White Cement
![RAK WhiteCement](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjA1JTJGUkFLX1doaXRlQ2VtZW50LTc2OHg0NzguanBnJmNhY2hlTWFya2VyPTE3MTY5NjQ2NDktNzAyMTgmdG9rZW49YTNhNDBlNWNiYTliYzFmOQ.q.jpg)
UltraTech Cement intends to acquire a 31.6% stake in UAE-based RAK Co. for White Cement and Construction Materials (RAK White Cement or RAKWCT). An offer has been submitted via UltraTech Cement Middle East Investment for 158 million shares of the…