Home >> stone crushing plant with capacity tph cone crusher fts>birla corporation to buy lafarge s india units for rs

birla corporation to buy lafarge s india units for rs

Birla Corp to acquire Lafarge& 39;s two Indian units for Rs. 5000

Birla Corp to acquire Lafarge& 39;s two Indian units for Rs. 5000 crore Published: August 17 2015 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.Birla Corp to buy two Lafarge India cement units Birla Corp. will acquire Lafarge’s Sonadih Cement a grinding unit in Jojobera Jharkhand along with its brands Concreto and PSC. It will also acquire the Sonadih unit in Chhattisgarh. The two units being sold by Lafarge are among the most profitable cement plants in India generating about Rs.700 crore in pre-tax profits a year even in the Birla to buy Lafarge units for Rs 5000 cr - The Financial The assets acquired by the Birla Corporation are Lafarge’s grinding unit at Jojobera in Jharkhand and integrated cement plant at Sonadih in Chhattisgarh which have a combined capacity of 5.15 Birla Corp-Lafarge India deal for cement units brands off The proposed deal by Birla Corporation Ltd to acquire two cement manufacturing units of Lafarge India Private Ltd combined capacity of around 5.15 million tonnes along with Lafarge’s two


Birla Corporation& 39;s shares jump nearly 16% on Lafarge deal

Shares of Birla Corporation zoomed nearly 16% Monday after the company said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5000 crore. Following the news shares of the company soared 15.68% to Rs 524 at BSE. On the NSE it jumped 15.7% to Rs 524.70.AZB-TTA-Dhall CAM NDA act on competitive $765m Birla buy of Birla Corporation bought the Eastern cement plants of Lafarge for Rs 5000 crore from Lafarge India following the Competition Commission of India CCI order for the French company to divest itself of the units after its Rs $44bn merger with Holcim reported the Economic Times and others.Birlas may oppose Lodha-led acquisition of two cement units TNN MUMBAI: The acquisition of Lafarge India& 39;s two cement units by Birla Corporation the flagship of the MP Birla Group may come unstuck. There are questions being raised on the outcome of the deal which is the biggest acquisition in the 96-year history of the Kolkata based cement maker.


Birla Corporation to buy Lafarge& 39;s India cement units for Rs

Birla Corporation to buy Lafarge& 39;s India cement units for Rs 5000 cr The sale of assets including the two cement plants operated by Lafarge India with a combined annual capacity of 5.15 million tons was part of the agreement.Birla Corp to buy Lafarge& 39;s India cement units for Rs 5000 Birla Corp to buy Lafarge& 39;s India cement units for Rs 5000 cr. The company said that upon completion of this transaction Birla Corporation will consolidate its position in the eastern India cement market where the demand supply scenario and outlook continue to remain buoyant. PTI; August 17 2015 15:55 ISTBirla Corp to acquire 2 Lafarge units for Rs 5k cr Business Birla Corporation on Monday said it had agreed to acquire two units of Lafarge India for an enterprise value of Rs 5000 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.


Lafarge plans to exit India operations

Lafarge and its Swiss rival Holcim announced a global merger in April 2014 prompting CCI to ask the French company to sell its 5.15 mt capacity in eastern India by 31st December 2015 to completeBirla Corporation to take legal action against Lafarge India Birla Corporation to take legal action against Lafarge India. Birla Corporation flagship firm of the M P Birla Group Tuesday said it will take legal action against Lafarge India over the firm& 39;s "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement plants.Birlas may oppose Lodha-led acquisition of two cement units TNN MUMBAI: The acquisition of Lafarge India& 39;s two cement units by Birla Corporation the flagship of the MP Birla Group may come unstuck. There are questions being raised on the outcome of the deal which is the biggest acquisition in the 96-year history of the Kolkata based cement maker.Birla Corp cements new deal - Telegraph India 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 will acquire the entire business of Reliance Cement Company a wholly owned subsidiary of Reliance Infrastructure at an enterprise value of Rs 4800 crore.


Birla Corp pays ₹4800 cr for Reliance Infra’s cement unit

Spurned by Lafarge Birla Corp has acquired Reliance Infrastructure’s cement unit for ₹4800 crore. The MP Birla Group company will buy 100 per cent stake in Reliance Cement Company Private Birla Corporation to take legal action against Lafarge India Birla Corporation to take legal action against Lafarge India. Birla Corporation flagship firm of the M P Birla Group Tuesday said it will take legal action against Lafarge India over the firm& 39;s "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement plants.Nirma cements $1.4-bn Lafarge India buyout - Rediff.com Business Hence the Competition Commission of India CCI asked Lafarge India to sell its 5.15-mt capacity in eastern India by December 31 2015 to complete the merger. In August 2015 the company signed an


Lafarge India - Cement industry news from Global Cement

India: Lafarge India has submitted a revised proposal to the Competition Commission of India CCI to sell its entire 11Mt/yr assets in India. The decision comes after the company& 39;s plan to sell its 5.15Mt/yr cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for US$749m ran into trouble.


PRE Post:drum crusher and washer
NEXT Post:maintenance cone stone crushing production line kolkata australia grinding wheel