Mumbai the aditya birla group is close to concluding a deal to buy out jaiprakash associates cement plant in gujarat, ending protracted negotiations, which have gone on a for a year.The kumar mangalam birla-controlled conglomerate is likely to pay close to rs 3,500 crore to acquire the 4.8 million tpa unit and an announcement may come as early as next week.
We are a mining equipment production and sales company, with three production bases and four research institutes, more than 600 production equipment, precision production, and service globally.
India the talks between jaypee group and aditya birla group regarding the sale of the formers gujarat based cement units have finally moved to the final stages, according to local media.It was reported that valuations of the deal, which had already resulted in failed acquisition attempts by others, have continued to cause delays.
The cement plant has an installed capacity of 1,500 tonnes per day and a 4 per cent share in the cement market in gujarat despite tough competition from its more detailed av birla group, lafarge eye jaiprakash associates cement plants in.
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