The Aditya Birla Group remains on an acquisition mode. After buying Chloro Chemicals, a division of Kanoria Chemicals and Industries for Rs 830 crore last week, it has now announced yet another significant USD 340 million acquisition in the Sweden-based, pulp & fibre company Domsjo Fibre AB.
Kumar Mangalam Birla, chairman of the Aditya Birla Group, said that the acquisition has taken place via Thai units- Rayon Public Co and Indo-Bharat.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!