Basic Materials
Thursday, August 11, 2016
Indian conglomerate Aditya Birla to spin off financial services in group restructuring
MUMBAI, Aug 11 (Reuters) - Indian conglomerate Aditya Birla
Group plans to merge its subsidiaries Grasim Industries Ltd
and Aditya Birla Nuvo Ltd through a stock
swap and spin off its financial services business, it said on
Thursday.
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