Epic Research

Tuesday, April 9, 2013

Epic Update : Aditya Birla Nuvo

Epic Update Aditya Birla NuvoAditya Birla Nuvo will be divesting the company’s Carbon Black Business, on a going concern basis, by way of slump sale to SKI Carbon Black (India), an Aditya Birla Group Company, for a lumpsum consideration of Rs 1,451 crore as enterprise value. This is on the basis of an independent valuation carried out by Deloitte Touche Tohmatsu India, Mumbai.

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