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The completion of the acquisition is subject to the receipt of customary approvals required from certain regulatory bodies and the completion of identified conditions precedent
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Earlier this year, UltraTech Cement revealed plans to invest USD 10.10 million, approximately Rs 839.52 crore, to acquire 29.39 per cent of RAK Cement’s equity share capital
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This development marks the latest episode in the ongoing legal conflict between Musk and the SEC, which originated in 2018 when Musk tweeted about taking Tesla private
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