1/4/2025, 8:37:03 am

Why is ITC's decision to acquire Century Pulp and Paper a good idea?

ITC Ltd. has acquired Century Pulp and Paper for ₹3,500 crore, increasing its paper capacity by 60% to 12.8 lakh MT per annum. The deal is expected to be EPS accretive, with synergies targeting a 30-40% rise in EBITDA per tonne and high teen RoCE. Completion is anticipated within six months, subject to approvals.