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Cement Plant : Latest News, Videos and Photos on ... - India

Nov 30, 2018· Birla Corp in Rs 5,000 crore deal with Lafarge for cement units Indo-Asian News Service | August 17, 2015 9:28 PM IST The deal, to be executed by Birla Corp and its subsidiaries, calls for the ...

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Amtek India - Deals | Insolvency | News

Ultratech run by Kumar Mangalam Birla is the largest cement maker in the country with a capacity of 63.2 million tonnes. "…These two units of Lafarge are amongst the most profitable cement units in eastern India and their acquisition would substantially add to the footprint of Birla Corp in the eastern Indian market," the petition filed ...

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UltraTech to acquire two JP cement units - Hindustan Times

UltraTech Cement, India's largest cement maker and part of the Aditya Birla Group, on Tuesday said it's board had agreed to acquire two cement plants of …

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Birla Corp to buy Lafarge's India cement units for Rs ...

Aug 17, 2015· NEW DELHI: Birla Corporation today said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5,000 crore.. Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall acquire both …

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Birla Corp to buy Lafarge's cement units for ₹5,000 cr

Aug 17, 2015· Birla Corporation on Monday said it has agreed to buy two cement making units of Lafarge India Private Ltd — with a combined capacity of around 5.15 million tonnes — along with two cement ...

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Aditya Birla to buy stake in Jaiprakash cement biz ...

Jun 26, 2012· Besides Aditya Birla Group, the country's largest cement maker with 52 mtpa capacity, French major Lafarge has also evinced interests to forge a deal with Jaypee Cement. But Jaypee Cement is believed to be inclined towards the Birla group for a couple of reasons, market sources said, including the fact that the two have already transacted once ...

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Birla Corp to acquire Jojobera and Sonadih cement ...

Aug 17, 2015· Birla Corp to acquire Jojobera and Sonadih cement businesses from Lafarge India Birla Corp will acquire the Acquisition Business, which comprises of an integrated cement unit at Sonadih ...

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Nirma, Lafarge cement Rs 9000 crore deal - Times of India

Jul 12, 2016· The Rs 7,000-crore-plus Ahmedabad company on Monday agreed to buy French cement major Lafarge's local business for an enterprise value of Rs 9,400 crore ($1.4 billion), pipping bigger names like ...

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Lafarge India - Cement industry news from Global Cement

Feb 04, 2016· India: Birla Corporation said it will take legal action against Lafarge India over the firm's 'inability' to go ahead with the deal to sell its Jojobera and Sonadih cement plants. In August 2015 both firms signed an agreement, through which Birla Corporation was to acquire Jojobera and Sonadih cement businesses from Lafarge India for US$734m.

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Birla Corp to buy Lafarge units - Telegraph India

Aug 18, 2015· Calcutta, Aug. 17: Birla Corporation - the flagship of the MP Birla group - today struck a deal under which it will snap up two cement plants of Lafarge India at an enterprise value of Rs 5,000 crore. This is the first major acquisition by the Lodha-controlled, Calcutta-based company that is looking to consolidate its position in the highly competitive cement industry.

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Holcim: Latest News, Photos, Videos on Holcim - NDTV.COM

Jul 21, 2016· Birla Corp shares surged as much as 12.5 per cent on Monday after it announced the acquisition of two cement units from Lafarge India for an enterprise value of Rs 5,000 crore. ACC Posts 45% Drop ...

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Lafarge buys L&T concrete unit for $349 mn - The Economic ...

May 14, 2008· Leading cement manufacturers Holcim, AV Birla Group and Heidelberg were also in the race to buy the business. Each unit of L&T Concrete has a capacity to produce 5,000-6,000 cubic metres of concrete a month, while the total capacity is estimated to be around 3-4 million cubic metres per annum.

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Cement Industry News Updates - International Cement Review

Birla Corp plans to reach 30Mta of capacity by 2027 India's Birla Corp is setting a new target of reaching 30Mta of production capacity by 2027. Its current capacity is 15.6Mta but this is expected to rise to almost 20Mta by the end of the fiscal year, when …

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Birla Corp's deal with Lafarge India unit falls through ...

Feb 02, 2016· Birla Corporation Ltd , whose business interest include jute and cement, plans to take legal action against the Indian unit of LafargeHolcim after a pact to buy some of the ...

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Birla to buy Lafarge units for Rs 5,000 cr - The Financial ...

Aug 18, 2015· Cement giant LafargeHolcim on Monday announced sale of its two cement plants in Jharkhand and Chhattisgarh to the MP Birla Group's Birla Corporation for Rs 5,000 crore.

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Detergent major Nirma to buy Lafarge's cement units for Rs ...

Jul 11, 2016· India Business News: MUMBAI: Low-profile soap-to-soda ash enterprise Nirma has agreed to buy French cement major Lafarge's local business for an …

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Birla Corp to acquire 2 Lafarge units ... - Business Standard

Aug 17, 2015· Birla Corporation on Monday said it had agreed to acquire two units of Lafarge India for an enterprise value of Rs 5,000 crore. The entities being acquired are an integrated cement unit at Sonadih (Chhattisgarh) and a cement grinding unit at Jojobera (Jharkhand), along with the Concreto and PSC brands.

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Birla Corp to acquire Lafarge India's cement units for Rs ...

Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand).

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Nirma to buy stake in Lafarge's cement units for $1.4bn

Jul 11, 2016· In another major deal in India's cement space, Karsanbhai Patel-led detergents major Nirma is set to buy a part of LafargeHolcim's units in the country for $1.4bn, having a …

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Will Tisco Buy Jojobera Cement Plant Lafarge Crusher

Birla Corp To Buy Two Cement Units Of Lafarge In India. Aug 17, 2015 · The total cement manufacturing capacity of Holcim and Lafarge in India was about 67 million tonnes (MTPA) in 2013-14. Lafarge had forayed into the Indian cement market in 1999 with the acquisition of Tata Steel's cement activity.

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Lafarge India: Latest News, Photos, Videos on Lafarge ...

Nov 29, 2016· Birla Corp shares surged as much as 12.5 per cent on Monday after it announced the acquisition of two cement units from Lafarge India for an enterprise value of Rs 5,000 crore. ACC Posts 45% Drop ...

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CK Birla firm to buy two cement assets from Jaypee Group ...

Oct 06, 2016· The deal for Reliance Cement Company Pvt. Ltd came after Birla Corp's proposed acquisition of two cement plants of Lafarge India fell through due to regulatory issues. The deal was struck at $140 a tonne, much higher than …

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Lafarge scraps deal to sell cement units to Birla Corp ...

Feb 03, 2016· Lafarge scraps deal to sell cement units to Birla Corp. By. PTI. 03 February, 2016. Birla Corporation, flagship firm of the M P Birla Group, today said it will take legal action against Lafarge India over the firm's "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement plants. In August last year, both firms had signed ...

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AV Birla Group, Lafarge eye Jaiprakash Associates' cement ...

Jun 15, 2012· The AV Birla Group and French cement giant Lafarge are in talks to buy out Jaiprakash Associates' cement plants in Gujarat and Andhra Pradesh. Benchmarks Nifty 17,369.25 15.75

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Newar's move High Court against Lafarge-Birla Corp deal ...

Sep 09, 2015· The Newars' petition has been filed by solicitors firm Khaitan & Co. Last month, Birla Corporation pipped several larger rivals to announce its acquisition of two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5,000 crore. The move may escalate the decadeold Priyamvada Birla will controversy.

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Aditya Birla bids for Lafarge-Holcim assets - sources

Oct 21, 2014· MUMBAI (Reuters) - India's diversified Aditya Birla Group has submitted a bid for the Brazilian and the Philippine assets of cement industry leaders Lafarge and Holcim, two persons directly ...

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Birla kin moves HC on Lafarge deal - Times of India

Sep 08, 2015· M P Birla Group's flagship Birla Corp had announced on August 17 the acquisition of two units of Lafarge India in a deal valued at Rs 5,000 crore. Arvind Newar, nephew of late M P Birla, has filed ...

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Lafarge India - Cement industry news from Global Cement

Jul 14, 2016· Lafarge India has said that the transfer of management and accounts for the Jojobera plant was completed on 6 -7 October 2016 following approval by the Competition Commission of India for the sale. It agreed to sell five cement plants to Nirma for US$1.4bn in July 2016. Published in Global Cement News.

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Lafarge - Latest News on Lafarge | Read Breaking News on ...

Mar 20, 2015· Birla Corp to buy Lafarge's India cement units for Rs 5,000 cr. Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand), along with Concreto and PSC brands. Aug 17, 2015, 12:01 PM IST

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Birla Corporation surges as company to acquire Jojobera ...

Aug 17, 2015· Shares of Birla Corporation shot up 20 per cent, heading to their highest level in 7 months, in trade on Monday after the cement maker announced it was going to acquire Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore. The stock ended the day 19.27 per cent higher or Rs 87.30 at Rs 540.25. "The company has …

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Lafarge plans to exit India operations - Rediff.com Business

Jan 06, 2016· Lafarge entered India in 1999 with acquisition of Tata Steel's cement unit Followed with purchase of Raymond Cement facility in 2001 Lafarge has a total capacity of 11 mn tonne per annum

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Birla Corp shares surge over 19% on deal with Lafarge for ...

Aug 17, 2015· Shares of Birla Corporation jumped over 19 per cent on Monday after the company announced that it has agreed to acquire Lafarge India's cement business for Rs 5,000 crore. Birla Corporation in a ...

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