Birla Corp To Buy Two Lafarge India Cement Units
Birla Corp To Buy Two Lafarge India Cement Units
Zhengzhou, Henan China
24 hours At your service

Birla Corp To Buy Two Lafarge India Cement Units

  • Home
  • / Product
  • / Birla Corp To Buy Two Lafarge India Cement Units

Birla Corp to buy two Lafarge India cement units

Mumbai: Birla Corp. Ltd has decided to acquire two cement assets from the local arm of Lafarge SA with a combined production capacity of around 5.15 million tonnes (MT) for a total enterprise value of Rs 5,000 crore (US$ 750 million).

More

Birla Corp to buy two Lafarge India cement units IBEF

Aug 18, 2015  Birla Corp. will acquire Lafarge’s Sonadih Cement, a grinding unit in Jojobera, Jharkhand, along with its brands Concreto and PSC. It will also acquire the Sonadih unit in Chhattisgarh. The two units being sold by Lafarge are among the most profitable cement plants in India, generating about Rs.700 crore in pre-tax profits a year even in the ...

More

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

Aug 17, 2015  By. Bhawna Gupta. 17 August, 2015. VCCircle_Lafarge. 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.

More

Birla Corp to buy two Lafarge India cement units

Aug 17, 2015  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% ...

More

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

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 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 ...

More

Birla Corp To Acquire Two Cement Units Of Lafarge India

Aug 17, 2015  Birla Corporation on Monday 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

More

Birla Corp To Acquire Two Cement Units Of Lafarge India

Aug 17, 2015  Birla Corporation on Monday 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

More

Birla Corp To Buy Two Lafarge India Cement Units

Birla Corp To Buy Lafarges Cement Units For ₹5000 Cr. Jan 23 2018 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 .

More

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

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 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 ...

More

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

Birla Corp to acquire Lafarge India’s cement units for Rs. 5,000 crore. 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 ...

More

Birla Corp's deal with Lafarge India unit falls through ...

Feb 02, 2016  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

More

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

Aug 17, 2015  New Delhi: Birla Corporation on Monday 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 ...

More

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 ...

More

Birla Corporation to buy Lafarge's India cement units for ...

Aug 17, 2015  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.

More

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

Aug 17, 2015  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.

More

Birla Corporation to Buy 2 Cement Facilities of ...

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

More

Cement producer giant LafargeHolcim sells their unit in ...

Jul 11, 2016  The world's 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

More

lafarge cement plants in grinding unit sonadih - Marco ...

Birla Corp pips global giants to scoop up Lafarge India’s. Aug 18 2015 Under the deal Birla Corp will acquire an integrated cement unit at Sonadih a cement grinding unit at Jojobera and the Concreto and PSC brands along with the management team The plants have a total cement capacity of 515 million tonnes per annum MTPA with mineral rights over adequate reserves of limestone

More

Birla - Cement industry news from Global Cement

Sep 01, 2015  India: Birla Corporation has commissioned its 50,000t/yr cement blending unit in Raebareli, Uttar Pradesh. In August 2015 it agreed to acquire, either directly or through its wholly-owned subsidiary, Lafarge India's Jojobera and Sonadih cement businesses for US$763m.

More

Price list of all cement in bihar

Price list of all cement in bihar Products. As a leading global manufacturer of crushing, grinding and mining equipments, we offer advanced, reasonable solutions for any size-reduction requirements including, Price list of all cement in bihar, quarry, aggregate, and different kinds of minerals.

More

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

Read more about Birla Corporation to move court against Lafarge-Holcim on Business Standard. 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 legal

More

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.

More

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

Aug 18, 2015  The assets acquired by the Birla Corporation are Lafarge’s grinding unit at Jojobera in Jharkhand, and integrated cement plant at Sonadih in Chhattisgarh, which have a

More

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

Sep 09, 2015  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 Jojobera in Jharkhand and Sonadih in Chhattisgarh.

More

Lafarge plans to exit India operations

Jan 06, 2016  In August last year, Birla Corp agreed to buy the proposed Lafarge assets. But, the MP Birla Group company was unable to secure limestone mining rights for the two Lafarge cement units.

More

Lafarge India sale stuck as CCI role comes under lens in ...

Apr 14, 2016  The move to sell all of Lafarge India’s assets was kicked off last month after an earlier deal to sell two cement units to Birla Corp in a Rs 5,000-crore transaction fell through due to restrictions on transfer of mines.

More

Non-Core Exit for Reliance, Opportunity for Birla MA ...

Interestingly, this deal comes just six months after Birla Corp had agreed to buy two assets totaling 5.15 MTPA from French cement maker Lafarge for INR 5,000 crore in August 2015. The company is now in the process of taking legal action against Lafarge India after the latter conveyed its inability to proceed with the agreement to sell the plants.

More

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

Jul 11, 2016  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.

More

Lafarge india News - Latest lafarge india News ...

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.

More

Birla Corporation

Founded in 1919, the M.P. Birla Group is amongst the largest industrial houses in India. The company leads the scene the in the cement industry. with strong presence in northerm, central and eastern India. Considered one of the leaders in cable industry, the M.P. Birla Group has joint ventures with global giants like Furukawa.

More

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

Oct 19, 2017  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

More

Lafarge India - Cement industry news from Global Cement

Feb 04, 2016  India: Birla Corporation said it will take legal action against Lafarge India over the firm's 'inability' to go ahead with the deal to sell its Jojobera and Sonadih cement plants. In August 2015 both firms signed an agreement, through which Birla Corporation was to acquire Jojobera and Sonadih cement businesses from Lafarge India for US$734m.

More

Cement Plants - Birla Corporation

Cement. Birla Corporation currently produces cement at seven locations through its ten manufacturing units with a combined capacity of nearly 15.5 million tons per annum. The production units have been renovated and modernised to ensure that the cement is at par with the best.

More

Castex Technologies Allots Shares Amtek India MA Critique

Ultratech run by Kumar Mangalam Birla is the largest cement maker in the country with a capacity of 63.2 million tonnes. “These two units of Lafarge are amongst the most profitable cement units in eastern India and their acquisition would substantially add to the footprint of Birla Corp in the eastern Indian market,” the petition filed ...

More