Dalmia Bharat to buy Jaypee Cement for Rs 5,666 croreThe new plants will take the cement manufacturing capacity of Dalmia Cement to 46.3 million tonnes per annum (MTPA) from the present 35.9 M...
12 Dec, 2022, 08.24 PM IST
Ambuja, ACC on block as Holcim has India rethinkHolcim is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels. Both are...
14 Apr, 2022, 03.43 PM IST
Dalmia Bharat joins hands with Piramal Bain fund to bid for BinaniVijaykumar Iyer, partner at Deloitte Touche Tohmatsu India Llp, was appointed the interim resolution professional for Binani Cement.
09 Dec, 2017, 03.23 PM IST
Top cement players eyeing Binani Cement assets post insolvency nod by NCLTThe deal structure will become clearer and potential suitors will firm up their strategy based on the final resolution plan approved by len...
07 Aug, 2017, 05.48 PM IST
Shree Cement, Shiva Cement soar up to 5% on acquisition buzzReports said Shiva Cement promoters are planning to exit and have been in talks with several suitors. They have mandated SBICaps and L&T Fi...
21 Nov, 2016, 10.16 AM IST
JSW Cement eyeing buyout of Shiva CementAccording to reports, JSW Cement has embarked on an expansion plan to reach a capacity of 17 mtpa ( million tonnes per annum) by 2018 from ...
24 Oct, 2016, 05.19 PM IST
Nirma trumps bigger rivals like Piramal, JSW to win Lafarge Cement assets for $1.4 billionThe Lafarge purchase will help Nirma shoot up the rankings and straight away emerge as a mid-sized player in east, north and west India.
12 Jul, 2016, 06.45 AM IST
Jaypee group stocks surge on Rs 16,200-crore cement biz dealThere were reports that JPA lenders led by State Bank of India pushed UltraTech to revise its offer after two other suitors - JSW and KKR -...
05 Jul, 2016, 03.52 PM IST
ICICI starts debt restructuring for Jaypee as cement deal with UltraTech hits roadblockJaiprakash Associates Limited owes its lenders over Rs 30,000 crore and the sale of its cement assets is a vital component of its debtreduc...
01 Jul, 2016, 10.19 AM IST
Mega Lafarge India asset sale faces roadblock?COMPAT has stayed CCI's order which had approved a revised sale proposal submitted by the French cement major.
13 Apr, 2016, 06.50 PM IST
KKR, UltraTech & Dalmia in race to buy Jaypee’s cement business in Rs 18,000-crore DealEach of the non-binding bids has put an enterprise value in excess of Rs 18,000 crore on the 21-million-tonne-a-year business, sources said.
23 Feb, 2016, 06.44 AM IST
Cement suitors shelve plans as sellers in South act priceyThe region’s cement manufactures are optimistic about a turnaround in demand as Andhra Pradesh starts building a new capital for the state ...
29 Sep, 2014, 03.00 AM IST
Jaiprakash Associates shares up 2% on plans to sell cement units in HimachalJaiprakash Associates surged as much as 2.4%, after the Jaypee Group shortlisted its two cement units in Himachal Pradesh to be put on the ...
26 Sep, 2013, 09.49 AM IST
- 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%.
10 Oct, 2012, 11.24 AM IST
- 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...
06 Aug, 2012, 09.36 AM IST
- Digvijay Cements seen up for sale
French cement giant Lafarge, Swiss major Holcim and some Indian companies have shown interest in buying a majority stake in the AV Birla gr...
07 Nov, 2007, 04.30 AM IST
- Kesoram under KM Birla may focus on cement
The latest announcement by B K Birla to transfer the group’s flagship, Kesoram Industries, to his grandson Kumar Mangalam Birla and not his...
29 Jun, 2007, 03.31 AM IST