Birla To Buy Two Lafarge India Cement Units Business News

2021-04-19T20:04:28+00:00
  • Birla Corp to buy two Lafarge India cement units IBEF

    2015-8-18  Birla Corp to buy two Lafarge India cement units Livemint : August 18, 2015 Mumbai: Birla Corp. Ltd on Monday said it had agreed to acquire two cement assets from the local arm of Lafarge SA with a combined production capacity of around 5.15 million

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  • Birla Corp To Acquire Two Cement Units Of Lafarge

    2015-8-17  Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall ...

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  • Birla Corp to buy Lafarge's India cement units for Rs ...

    2015-8-17  Birla Corp to buy Lafarge's India cement units for Rs 5,000 cr. Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand), along with Concreto and PSC brands.

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  • Birla Corp to buy Lafarge's India cement units for Rs ...

    2015-8-17  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 directly or through its wholly-owned subsidiary, shall acquire both the Jojobera and Sonadih ...

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  • Birla Corp to buy two cement units of Lafarge in India ...

    2015-8-17  MP Birla group firm Birla Corp will buy two cement plants of LafargeHolcim located in the eastern region of the country at an enterprise value of Rs 5,000 crore ($769.4 million), it said on Monday. It did not give a break-up of the equity component and the debt on the books of the two units.

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  • Birla Corp to acquire 2 Lafarge units for Rs 5k cr ...

    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),

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  • Birla Corp to buy two Lafarge India cement units

    2015-8-18  Birla Corp to buy two Lafarge India cement units Premium In its directions, CCI said Lafarge should sell its assets ‘to relatively smaller players, having an installed capacity of less than 5% ...

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  • LafargeHolcim to sell 2 plants to Birla Corp - The

    2015-8-17  Birla Corporation on Monday said it has agreed to buy two cement making units of Lafarge India Private Ltd — with a combined capacity of around 5.15 million tonnes — along with two cement ...

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  • LafargeHolcim sells two cement units to Birla Corp for ...

    2015-8-18  Lafarge was forced to sell the two units after Competition Commission of India (CCI) in April this year approved the merger of Holcim and Lafarge on condition that the latter will divest one cement plant and one grinding station in Eastern India. Holcim and Lafarge had announced a $44 billion dollar alliance to create the largest cement company ...

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  • Birla Corp-Lafarge India deal for cement units, brands

    2016-2-2  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 ...

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  • Birla Corp To Acquire Two Cement Units Of Lafarge

    2015-8-17  Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall ...

  • Get Price
  • Birla Corp to buy Lafarge's India cement units for Rs ...

    2015-8-17  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 directly or through its wholly-owned subsidiary, shall acquire both the Jojobera and Sonadih ...

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  • Birla Corporation to buy Lafarge's India cement units

    2015-8-17  Birla Corporation to buy Lafarge's India cement units for Rs 5,000 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.

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  • Birla Corp to buy Lafarge units - Telegraph India

    2015-8-18  Calcutta, Aug. 17: Birla Corporation - the flagship of the MP Birla group - today struck a deal under which it will snap up two cement plants of Lafarge India at an enterprise value of Rs 5,000 crore. This is the first major acquisition by the Lodha-controlled, Calcutta-based company that is looking to consolidate its position in the highly competitive cement industry.

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  • LafargeHolcim to sell 2 plants to Birla Corp - The

    2015-8-17  Birla Corporation on Monday said it has agreed to buy two cement making units of Lafarge India Private Ltd — with a combined capacity of around 5.15 million tonnes — along with two cement ...

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  • Birla to buy Lafarge units for Rs 5,000 cr - The

    2015-8-18  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.

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  • Lafarge india News - Latest lafarge india News ...

    2021-5-2  Birla Corp to buy Lafarge's India cement units for Rs 5,000 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.

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  • CK Birla firm to buy two cement assets from Jaypee

    2016-10-6  CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from another group firm to expand to other regions.

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  • UltraTech, Lafarge Eye Jaiprakash Cement Units: Report

    2012-6-15  Aditya Birla Group and France's Lafarge are separately in talks to buy Jaiprakash Associates' cement units in two states, worth up to about USD

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  • Birla likely to acquire some assets of Holcim-Lafarge ...

    2014-5-8  India Business News: Ultratech Cement, the country’s biggest maker of the material, is looking to buy the local assets of Holcim and Lafarge, according to a person with di

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  • Birla Corp To Acquire Two Cement Units Of Lafarge India

    2015-8-17  Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall ...

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  • Birla to buy Lafarge units for Rs 5,000 cr - The Financial ...

    2015-8-18  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.

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  • Birla Corp frontrunner to buy cement business of Anil ...

    2021-4-30  Birla Corp has been among the most acquisitive mid-sized cement companies since last year. In August, it agreed to acquire two similar-sized assets from Lafarge India for Rs 5,000 crore but that transaction is yet to be completed following a regulatory logjam over the transfer of limestone mines.

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  • CK Birla firm to buy two cement assets from Jaypee Group ...

    2016-10-6  CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from another group firm to expand to other regions.

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  • Newar's move High Court against Lafarge-Birla Corp deal ...

    2015-9-9  A legal salvo to thwart the Birla Corp and Lafarge deal has been fired. 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

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  • Birla likely to acquire some assets of Holcim-Lafarge ...

    2014-5-8  India Business News: Ultratech Cement, the country’s biggest maker of the material, is looking to buy the local assets of Holcim and Lafarge, according to a person with di

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  • UltraTech, Lafarge Eye Jaiprakash Cement Units: Report

    2012-6-15  Aditya Birla Group and France's Lafarge are separately in talks to buy Jaiprakash Associates' cement units in two states, worth up to about USD

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  • Nirma to buy LafargeHolcim's India business for $1.4 ...

    2016-7-11  Birla Corporation to buy Lafarge's India cement units for Rs 5,000 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.

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  • AV Birla Group, Lafarge eye Jaiprakash Associates' cement ...

    2012-6-15  AV Birla Group cement business head OP Puranmalka did not want to comment on what he said was market speculation. A Lafarge India spokesperson also declined comment. Jaypee was forced to revise its plan last year after investors failed to show interest in buying out the complete cement business.

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  • Lafarge plans to exit India operations Business Standard ...

    2016-1-6  Lafarge India has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11-million tonne (mt) asset in India. This decision comes after the company’s plan to sell its 5.15-mt cement capacity in Chhattisgarh and Jharkhand to Birla

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