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Bilt in strategy flip, moving most of paper biz to PE-backed arm 

BY  Vivek Sinha
The company is also buying out captive power units from KKR-backed group firm Avantha Power.

India’s largest paper company Ballarpur Industries Ltd (Bilt) is moving almost all of its paper production business in the country under a private equity backed Dutch arm in a strategy flip. The paper company is also buying out...

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