Home / Product
Birla Corp to buy two Lafarge India units. Birla Corporation, a part of the MP Birla Group, has decided to acquire two units of Lafarge India for an enterprise value of Rs 5,000 crore.
Mumbai: Birla Corp. Ltd has decided to acquire two cement assets from the local arm of Lafarge SA with a combined production capacity of around 5.15 million tonnes (MT) for a total enterprise value of Rs 5,000 crore (US$ 750 million).
Birla Corporation, a part of the MP Birla Group, has decided to acquire two units of Lafarge India for an enterprise value of Rs 5,000 crore. Under the transaction, Birla Corporation will acquire both the Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore.
LafargeHolcim sells two cement units to Birla Corp for 5,000 crore Holcim and Lafarge had announced a $44 billion dollar alliance to create the largest cement company in April.
Birla Corporation is looking to acquire the cement assets of Reliance Infrastructure, an Anil Ambani group company. The announcement comes two days after French cement major Lafarge scrapped a deal with the flagship MP Birla group company to sell its cement units and limestone mines.
Birla Corp to buy two cement units of Lafarge in India – VCCircle. 17 Aug 2015 It had asked Holcim and Lafarge to return with modifiions to their merger market in 1999 with the acquisition of Tata Steel''s cement activity. and had recently commissioned an integrated cement plant in Rajasthan with
Birla Corporation Ltd (BRLC.NS), whose business interest include jute and cement, plans to take legal action against the Indian unit of LafargeHolcim (LHN.VX) after a pact to buy some of the assets of the Swiss-French cement giant fell through. In April, LafargeHolcim agreed to divest two of its Indian
The Birla faction led by MP Birla’s sister Laxmi Devi Newar’s scions have filed a petition in Calcutta High Court seeking injunction in Birla Corporation’s plan to buy Lafarge India’s cement units at Jojobera in Jharkhand and Sonadih in Chhattisgarh.
Birla Corp to buy two Lafarge India cement units - , The two units being sold by Lafarge are among the most profitable cement plants in India, . Tarmac (company) - Wikipedia. The company was formed as Lafarge Tarmac in March 2013, , with the exception of its Cauldon cement plant Anglo American sold its 50% stake to Lafarge
Birla Corp buys Lafarge’s cement units for Rs several global giants and bulge bracket private equity suitors, Birla Corporation announced that it has agreed to acquire two cement units of Lafarge India that the French major is being forced to sell to conclude its mega global merger with Holcim Ltd.
Birla to buy Lafarge units for Rs 5,000 cr 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.
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
Birla Corp shares surged nearly 20 per cent to Rs 543 on Monday after it announced the acquisition of two cement units from Lafarge India for an enterprise value of Rs 5,000 crore. Birla Corp will acquire both Jojobera (Jharkhand) and Sonadih (Chhattisgarh) units of Lafarge India that have a
Birla Corp buys Lafarge’s cement units for Rs 5000cr MUMBAI | KOLKATA: Birla Corp agreed to acquire two cement units of Lafarge India that the French company has to sell to conclude its global merger with Holcim, beating several multinational giants and bulge-bracket private equity suitors that were also in the running.
Birla Corp to buy two Lafarge India cement units - IBEF Holcim of Switzerland and France-based Lafarge agreed this year to a Lafarge''s Sonadih Cement, a grinding unit
Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand). 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
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.
the other two bidders in the race are MP Birla Group''s Birla Corp to buy two Lafarge India cement units Birla Corp to acquire 2 Lafarge units for Rs . Read Now+; Kumar Birla to bid for units offloaded by Lafarge, Holcim .
Kolkata-based Birla Corporation’s Rs 5,000-crore deal with Lafarge India to buy two cement units has gone sour, with the former planning to seek a legal solution. In a regulatory filing with the BSE, the company said it “is in the process of taking appropriate legal measures in consultation with
Birla Corporation has signed an agreement with French-based Lafarge Group to acquire its Jojobera unit in Jharhkand and Sonadih in Chattisgarh for sum of Rs. 5000 crore. The Lafarge disinvested these two units in order fulfil the directions given by Competition Commission of India (CCI) as a part to