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Jaypee Group sells cement plants to Ultratech New ... comprising identified operating cement plants with an aggregate capacity of 17.2 MTPA spread over the states of Uttar Pradesh, Madhya Pradesh ...
Feb 28, 2016· Birla's UltraTech buys JP's cement plants for Rs 17,000 crore. Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.
Dec 24, 2014· UltraTech buys Jaypee cement units ... with a combined capacity of 4.9 million tonnes per annum (mtpa) in Madhya Pradesh (MP) for an enterprise value of .
UltraTech Cement, a part of the Aditya Birla group, agreed to buy Jaiprakash Associates' 21.2 million tonnes per annum (mtpa) cement capacity for Rs 15,900 crore on Thursday. While the deal will take UltraTech's cement capacity to over 91 mtpa from the present 68 mtpa, it will help Jaypee group ...
UltraTech buys JP's cement plants ... wherein UltraTech was to acquire two cement plants in Madhya Pradesh from Jaiprakash Associates, which has been selling its cement .
India's largest cement-maker UltraTech Cements Ltd. (UT) had to call off a Rs 5,325 crore deal to buy Jaiprakash Associates Limited's (JP) two cement plants in Madhya Pradesh (5 MTPA) as the Bombay High Court rejected the scheme of arrangement citing the new MMDR Act as the prime reason.
Read more about UltraTech eyes Jaypee's three cement plants in Madhya Pradesh on Business Standard. Aditya Birla group firm Ultratech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh in a .
Read more about UltraTech eyes Jaypee's three cement plants in Madhya Pradesh on Business Standard. Aditya Birla group firm Ultratech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh in a .
The cement capacity of Jaypee is based in Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Uttarakhand, Andhra Pradesh and Karnataka. Private equity entity KKR, Dalmia Cement and JSW Cement were the other bidders for Jaypee's cement units. UltraTech won with the best bid, a .
Feb 28, 2016· UltraTech Limited has agreed to acquire Jaypee Group's 22.4 million tonnes of cement capacity assets for Rs.16,500 crore, making it the largest deal in the Indian cement sector.
Mumbai: UltraTech Cement Ltd has agreed to buy two cement plants and related power assets of Jaiprakash Associates Ltd in Madhya Pradesh for ₹ 5,400 crore, giving the country's biggest cement ...
NEW DELHI: Aditya Birla group firm Ultratech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh in a deal that could be worth about Rs 5,500-6,000 crore. While investment banking sources involved in the talks said that the discussions are ...
India: The Competition Commission of India (CCI) has cleared Ultratech Cement's proposed US$853m deal to buy two cement plants from Jaiprakash Associates in Madhya Pradesh. The acquisition is for a 2.6Mt/yr cement plant in Bela, with a 25MW captive power plant, and a 2.3Mt/yr cement plant in Sidhi with a 155MW captive power plant, according to the Economic Times.
Feb 29, 2016· UltraTech acquires Jaiprakash Associates' cement plants for Rs 16,500 crore The pact will increase UltraTech's installed capacity by one-third to 90.7 mn tonnes annually, and provide Jaiprakash with much-needed relief to pare its debts.
Dec 23, 2014· The new acquired capacities are located at Bela (2.6 million tonnes) and Sidhi (2.3 million tonnes), both in Madhya Pradesh. In September 2013, UltraTech had acquired Jaypee's Gujarat-based cement ...
Oct 06, 2016· Aditya Birla group firm Ultratech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh in .
Dec 24, 2014· MUMBAI: UltraTech Cement has signed a memorandum of understanding (MoU) to buy two cement plants of Jaiprakash Associates in Madhya Pradesh, a deal that will help consolidate its position as India's biggest cement-maker. For Delhi-based Jaypee Group, the deal is part of an ongoing exercise to reduce ...
Dec 23, 2014· In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for .
Dec 23, 2014· Ultratech to buy Jaypee's 2 cement plants for Rs 5400 crore. In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.
Mumbai: UltraTech Cement Ltd has agreed to buy two cement plants and related power assets of Jaiprakash Associates Ltd in Madhya Pradesh for Rs.5,400 crore, giving the country's biggest cement maker the capacity to cater to lucrative markets in the central Indian state and neighbouring Uttar Pradesh.
UltraTech Cement, India's largest cement maker and part of the Aditya Birla Group, on December 24, 2014, said its board has approved to acquire two cement plants of Jaiprakash Associates in Madhya Pradesh for an enterprise value of Rs. 5,400 crore.The transaction, which is subject to due diligence, definitive agreements, and regulatory approvals, will strengthen UltraTech's position as the ...
UltraTech's inception can be traced back to the mid-1980s with the establishment of Grasim's first cement plant at Jawad in Madhya Pradesh. In 2001, with the objective of increasing its reach, Grasim acquired a stake in L&T Cement Ltd.
Congratulations are due to India's UltraTech Cement this week for finally completing its US$2.5bn asset purchase from Jaiprakash Associates. The deal has been around in some form or another since at least 2014 when UltraTech arranged to buy two cement plants in Madhya Pradesh for around US$750m.
Sunday's announcement comes just two days after UltraTech called off a deal with Jaiprakash Associates to buy cement assets in Madhya Pradesh, citing regulatory issues. UltraTech had entered ...
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