birla corp in rs cr deal with lafarge for cement units

Birla Corp In Rs Cr Deal With Lafarge For Cement Units

Birla Corp in Rs 5,000 cr deal with Lafarge for cement ...

Aug 17, 2015 · Birla Corp in Rs 5,000 cr deal with Lafarge for cement units The M.P. Birla Group said that it is acquiring the cement business of Lafarge India for Rs 5,000 crore through a combination of internal...

Birla Corp inks Rs 5,000 cr deal with Lafarge for cement units

Aug 17, 2015 · Birla Corp inks Rs 5,000 cr deal with Lafarge for cement units The deal calls for the acquisition of Sonadih cement plant in Chhattisgarh, the grinding unit at Jajobera in Jharkhand, as also the ...

Birla Corp in Rs 5,000 crore deal with Lafarge for cement ...

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 add ...

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), along with the Concreto and PSC brands.

Birla to buy Lafarge units for Rs 5,000 cr

Aug 17, 2015 · Birla to buy Lafarge units for Rs 5,000 cr 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...

Birla Corp pips global giants to scoop up Lafarge India’s ...

Aug 18, 2015 · 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.

Lafarge scraps deal to sell cement units to Birla Corp ...

In August last year, both firms had signed an agreement through which Birla Corporation was to acquire Jojobera and Sonadih cement businesses from Lafarge India Pvt Ltd (LIPL) for an enterprise value of Rs 5,000 crore. In a regulatory filing, Birla Corporation said: "LIPL has since informed their inability to proceed with the agreement.

Newars move High Court against Lafarge-Birla Corp deal ...

Last month, Birla Corporation pipped several larger rivals to announce its acquisition of two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5,000 crore. The move may escalate the decadeold Priyamvada Birla will controversy.

Birla Corporation to move court against Lafarge-Holcim ...

Kolkata-based Birla Corporation’s 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.”

Reversal Of Trend – Birla Corp To Buy Two Units Of Lafarge ...

Birla Corporation has rallied 9% to Rs 495 on the National Stock Exchange (NSE) on the announce date i.e. 17 th August 2015 to acquire the Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore.

Birla Corp buys Lafarge’s two units - Times of India

Aug 18, 2015 · KOLKATA/MUMBAI: Harsh Lodha-led Birla Corporation has agreed to acquire Lafarge India ’s two cement units in the eastern region in a deal valued at Rs 5,000 crore. It will mark the biggest M&A play in the Kolkata-based company’s nearly century-old history and make it a stronger rival to Kumar Mangalam Birla’s UltraTech Cement.

Birla Corp to buy Lafarge’s cement units for ₹5,000 cr

Aug 17, 2015 · 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 brands...

Birla Corp to acquire Lafarge’s two Indian units for Rs ...

Aug 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 Lafarges India cement units for Rs ...

Aug 17, 2015 · 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...

Birla Corp to buy Lafarge units - The Telegraph

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.

Birla Corp buys Lafarge’s cement units for Rs 5000cr ...

Aug 17, 2015 · Birla Corp buys Lafarge’s cement units for Rs 5000cr. 17 Aug 2015, 05:55PM ISTSource: 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 that the French major is being forced to sell to conclude its mega global merger with Holcim Ltd.

Birla Corporation to buy Lafarges India cement units for ...

On Monday, 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 (Acquisition business) from Lafarge India for an Enterprise Value of Rs 5,000 crore".

Birla Corp to buy two cement units of Lafarge ... - VCCircle

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.

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

Jan 11, 2016 · 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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