PE funds, cement majors like CRH Plc in race for Lafarge India assets in $1 billion dealThe three will be competing with Temasek, the Singapore government's investment arm, Heidelberg, the world's third biggest cement maker.
Holcim-Lafarge talks gather steam to salvage mergerA preliminary agreement on adjusted financial terms and leadership changes could be reached as early as today, according to the people.
Lafarge, Holcim to sell assets to CRH for 6.5 billion euros"We estimate the financial debt at 1.3 billion euros... so yes, around 5 billion euros are in cash," Bruno Lafont said.
Shriram EPC sells stake in Sree Jayajothi CementsMHIL is an even joint venture between Ireland-based CRH and My Home Group of Hyderabad.
CRH cements deal with Shriram Group to buy Jayajothi for Rs 1400 croreThe final agreement between the two sides was signed this weekend and a formal announcement is expected within the next two days.
Irish cement major likely to bag Shriram Group cement businessIreland headquartered cement manufacturing giant CRH plc is likely to acquire Sree JayaJothi cements, cement arm of the $9 bn Shriram Group.
- Shriram Group shortlists Blackstone, Citi Venture Capital International to run its cement business
India's cement industry, faced with a slowdown, has seen several smaller players putting up businesses on the block.
Holcim, CRH in race to purchase controlling stake Shriram Group's cement unitCRH Plc and Holcim are in independent talks with the Shriram Group to purchase a controlling stake in Sree Jayajothi Cements.
- JP Associates is ‘buy on dips’ even after CRH deal fallout: Brokerages
The fallout of the deal with the Irish company CRH put JP Associates in a tough spot, as the stock has already rallied over 20%.
- Jaiprakash Associates drop as plant sale talks with CRH end
Jaiprakash Associates Ltd pared most of its early morning losses of over 3 per cent on Wednesday after Ireland-based building materials gro...
- Irish company CRH ends deal talks with Jaypee Cement
CRH said on Tuesday that talks with Jaypee Cement Corporation regarding the purchase of a stake in Jaypee's Gujarat cement business, have b...
- Irish company CRH to pay Rs 4200 cr for 51% stake in Jaypee cement unit
Debt-ridden Jaypee Group has reached an understanding with Ireland-based building material major CRH to sell 51 per cent stake in its Gujar...
- Irish building materials group CRH to pick up 51% stake in Jaypee Cement
CRH, the $13.7-billion Irish building materials group, is close to picking up 51 per cent stake in Jaiprakash Associates' cement operations...
- Irish group CRH enters fray to buy Jaiprakash Associates' cement plants in Gujarat and Andhra Pradesh
The deal, if it materialises, is expected to fetch Rs 8,000-9,000 crore for Jaiprakash Associates and will help the company reduce its tota...
- China reveals world's fastest train
China played host to railway authorities and railway experts from around the world in Beijing, and used the opportunity to showcase a high-...
- Irish group picks 50% in Andhra cement co for Rs 1,840 cr
Irish building materials group CRH on Thursday announced the acquisition of a 50% stake in Hyderabad-based cement company, My Home Industri...
- Ireland's CRH to enter India with MHIL buy
Acquisitive Irish building materials group CRH Plc will enter the Indian market after agreeing to buy 50 percent of cement maker My Home In...