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

2020-9-8  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

Birla Corporation to buy Lafarge's India cement units

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

Birla Corp to acquire Lafarge India’s cement units for Rs

2018-7-30  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

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

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.

Birla Corp to buy two cement units of Lafarge in India

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 to acquire Lafarge's two Indian units for Rs

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. The Lafarge disinvested these two units in order fulfil the directions given by Competition Commission of India (CCI) as a part to conclude its mega global merger with Swiss

LafargeHolcim to sell 2 plants to Birla Corp The

2020-12-4  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

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

Birla Corp to acquire Lafarge’s two Indian units for Rs. 5000 crore August 17, 2015 No comments The Lafarge disinvested these two units in order fulfil the directions given by Competition Commission of India (CCI) as a part to conclude its mega global merger with Swiss-based Holcim Ltd and its operations in Indian, the merger took place on 15 July 2015.

Birla Corp pips global giants to scoop up Lafarge

2021-1-8  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.

Birla Corporation to buy two Lafarge plants for

2021-1-20  In a significant development, Birla Corporation has announced an agreement with Lafarge India to acquire Lafarge India’s Jojobera plant in Jharkhand and Sonadih cement

Birla Corp: Acquisition of Lafarge's cement assets will

Read more about Compass--Birla Corp: Acquisition of Lafarges cement assets will be EPS accretive on Business Standard. The North and Central India centric cement maker, Birla Corporation's move to acquire Lafarge's units will extend its footprint in East India. Not only is the East market lucrative for companies, but it is a better option compared to expanding in

Birla Corp rallies on plan to buy cement businesses

Read more about Birla Corp rallies on plan to buy cement businesses from Lafarge on Business Standard. The stock rallied by 9% to Rs 495 after the company said that it planned to acquire the Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore.

Birla Corporation to Buy 2 Cement Facilities of

2015-8-18  The Rs 5,000-crore deal will help the MP Birla Group to expand presence in eastern India.

Lafarge india News Latest lafarge india News

2021-1-15  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.

Birla Corp shares surge over 19% on deal with Lafarge

2015-8-17  Shares of Birla Corporation jumped over 19 per cent on Monday after the company announced that it has agreed to acquire Lafarge India’s cement business for Rs 5,000 crore.

Birla Corp shares jump on LafargeHolcim plants buy

2020-12-16  Shares of Birla Corp hit the upper limit on Monday on acquisition of LafargeHolcim’s plants in the eastern region. The shares opened at Rs 454.90 against the previous close of Rs 452.95. Birla

Birla Corp looks attractive as Lafarge deal expected to

2020-8-1  The decision to acquire Lafarge's two cement units in Jharkhand and Chhattisgarh will help Birla Corp to increase the capacity by 50 per cent, thereby strengthening its presence in the eastern cement market, which has been showing relatively better growth over the past four quarters. The acquisition offers three benefits. First, it will augment Birla Corp's cement capacity to close to 15

Birla Corporation surges as company to acquire

2021-1-1  Shares of Birla Corporation shot up 20 per cent, heading to their highest level in 7 months, in trade on Monday after the cement maker announced it was going to acquire Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore. The stock ended the day 19.27 per cent higher or Rs 87.30 at Rs 540.25. "The company has agreed to a transaction with Lafarge

Lafarge plans to exit India operations

Lafarge plans to exit India operations This decision comes after the company’s plan to sell its 5.15-mt cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for Rs. 5,000 crore

Birla Corporation to Buy 2 Cement Facilities of

2015-8-18  The Rs 5,000-crore deal will help the MP Birla Group to expand presence in eastern India.

AZB-TTA-Dhall, CAM, NDA act on competitive $765m

2021-1-17  Birla Corporation bought the Eastern cement plants of Lafarge for Rs 5,000 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.. Nishith Desai Associates' Nishchal Joshipura and Karan Kalra with Abhinav Harlalka and Tanya Pahwa

LafargeHolcim sells two cement units to Birla Corp for

Pipping other potential buyers, including some well-known business groups and private equity investors, to the post, Birla Corporation, the flagship firm of the MP Birla Group, has acquired the two cement plants of Swiss multinational LafargeHolcim in Jharkhand and Chhattisgarh for around Rs 5,000 crore.

Birla Corporation surges as company to acquire

2021-1-1  Shares of Birla Corporation shot up 20 per cent, heading to their highest level in 7 months, in trade on Monday after the cement maker announced it was going to acquire Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore. The stock ended the day 19.27 per cent higher or Rs 87.30 at Rs 540.25. "The company has agreed to a transaction with Lafarge

Birla Corp shares jump on LafargeHolcim plants buy

2020-12-16  Shares of Birla Corp hit the upper limit on Monday on acquisition of LafargeHolcim’s plants in the eastern region. The shares opened at Rs 454.90 against the previous close of Rs 452.95. Birla

Lafarge plans to exit India operations

Lafarge plans to exit India operations This decision comes after the company’s plan to sell its 5.15-mt cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for Rs. 5,000 crore

Birla Corp: Latest News, Photos, Videos on Birla Corp

2017-10-19  Birla Corp shares surged as much as 12.5 per cent on Monday after it announced the acquisition of two cement units from Lafarge India for an enterprise value of Rs 5,000 crore. Birla Corp

Lafarge plans to exit India operations Rediff

The M P Birla Group company is competing with JSW Cement to buy this capacity, which is valued around Rs 5,000 crore. “For Birla Corp it does not make sense to buy Lafarge assets without mining

Coming soon: multi-billion dollar deals in cement,

2021-1-9  The latest of these was UltraTech’s proposal to buy Jaypee Group’s cement units in Madhya Pradesh for Rs 5,000 crore and Birla Corporation’s proposal to buy Lafarge India’s 5 million

Best Cement Stocks to Buy in India SAMCO

2021-1-30  – A detailed table consisting of the various parameters measured and compared while collating the list of best cement stocks to buy in India. Overview of the cement industry in India. The Indian cement industry is the world’s second-largest producer