Aug 17, 2015 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 Corp said in August it had entered into an agreement with Lafarge India Private Ltd to buy the two cement businesses in eastern India for an enterprise value equity plus debt of 50 billion ...
Aug 17, 2015 Birla Corporation to buy Lafarges 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.
Aug 17, 2015 About Birla Corp Birla Corp was incorporated in 1919 as a part of the MP Birla Group. It is one of the leader in domestic cement sector and also has presence in jute sector. The companys cement operational capacity is 10 million Tonnes per annum mtpa and after completion of this deal its capacity will increase to 15 mtpa. About Lafarge India
Aug 18, 2015 India Business News Harsh Lodha-led Birla Corporation has agreed to acquire Lafarge Indias two cement units in the eastern region in a deal valued at Rs 5,000 crore.
Aug 17, 2015 Birla Corporation on Monday announced that it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5,000 crore.
Aug 17, 2015 Beating several global giants and bulge bracket private equity suitors, Birla Corporation announced that it has agreed to acquire two cement units of Lafarge India
Read more about Birla Corporation to move court against Lafarge-Holcim on Business Standard. Kolkata based Birla Corporations Rs. 5,000 crore deal with Lafarge India to buy two cement units has gone sour with the former planning to seek legal solution over the deal.In a regulatory filing with the Bombay Stock Exchange, the Kolkata based
The Birla faction led by MP Birlas sister Laxmi Devi Newars scions have filed a petition in Calcutta High Court seeking injunction in Birla Corporations plan to buy Lafarge Indias cement units at Jojobera in Jharkhand and Sonadih in Chhattisgarh.
Aug 18, 2015 The Rs 5,000-crore deal will help the MP Birla Group to expand presence in eastern India.
MUMBAI KOLKATA Birla Corp agreed to acquire two cement units of Lafarge India that the French company has to sell to conclude its global merger with Holcim, beating several multinational giants and bulge-bracket private equity suitors that were also in the running. Investors applauded the move with Birla Corp surging by 20 to Rs 540.25 on the Bombay Stock Exchange.
Aug 17, 2015 Kolkata, Aug 17 The M.P. Birla Group on Monday said it was acquiring the cement business of Lafarge India for Rs.5,000 crore through a combination of internal accruals and fresh debt to
Aug 17, 2015 In April 2015, CCI had approved the merger in India subject to the condition that Lafarge divest two cement plans in order to eliminate competition concerns.
Birla Corp to buy Lafarges 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...
Birla Corporation 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 cement businesses
Lafarge lined up Birla Corporation to buy the two cement plants but an ambiguous amendment to the Mines and Minerals Development and Regulation MMDR Act killed the deal. Then Lafarge India, a subsidiary of LafargeHolcim, announced that is was selling all of its assets in India.
Birla Corp is going to buy Lafarge Indias eastern units for Rs 5,000 crore. Birla Corporation announced on Monday that it would acquire two cement units of Lafarge India in Jharkhand and ...
Aug 18, 2015 LafargeHolcim sells two cement units to Birla Corp for 5,000 crore LafargeHolcim sells two cement units to Birla Corp for 5,000 crore Holcim and Lafarge had announced a 44 billion dollar alliance to create the largest cement company in April.
Kolkata-based Birla Corporations Rs 5,000-crore deal with Lafarge India to buy two cement units has gone sour, with the former planning to seek a legal solution. In a regulatory filing with the BSE, the company said it is in the process of taking appropriate legal measures in consultation with lawyers.
Aug 18, 2015 Cement giant LafargeHolcim on Monday announced sale of its two cement plants in Jharkhand and Chhattisgarh to the MP Birla Groups Birla Corporation for Rs 5,000 crore.
Jul 11, 2016 The worlds largest cement maker LafargeHolcim has agreed to sell its Indian business Lafarge India to Nirma Ltd. - Cement producer giant LafargeHolcim sells their unit in India
Aug 17, 2015 The M.P. Birla Group on Monday said it was acquiring the cement business of Lafarge India for Rs.5,000 crore through a combination of internal accruals and
Last year Birla Corp had agreed to buy two assets totaling 5.15 MTPA from French cement maker Lafarge however the deal didnt go through. But with strong desire to expand its cement business, Birla Corp announced an acquisition of Reliance Infras cement business.
Birla Corp to buy Lafarges 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.