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Ballarpur Industries announces acquisition of Premier Tissues

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Ballarpur Industries Limited (BILT) announced the signing of definitive agreements on 19th August to acquire Bangalore-based Premier Tissues India Limited (PTIL). Mr. R.R. Vederah, MD of BILT said, “The acquisition is expected to be completed by the end of this month, when BILT will take over the operat ions and management of the company from its existing management”. “With this...