Ajay Piramal in race to buy Lafarge’s $2 bn India biz
In an interesting diversification move that has raised eyebrows of most competitors, billionaire businessman Ajay Piramal has thrown his hat in the ring as Lafarge last month initiated plans to sell its entire Indian operations of 11 million tonnes per annum for an estimated $1.5 to $2 billion, said multiple sources aware of the transaction.
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