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Jaypee cement - Latest News on Jaypee cement .

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...

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UltraTech buys Jaypee cement units - Times of .

MUMBAI: Kumar Mangalam Birla-led Aditya Birla Group 's flagship firm UltraTech Cement has decided to acquire two cement units of Jaiprakash Associates (JAL) with a combined capacity of 4.9 million tonnes per annum (mtpa) in Madhya Pradesh (MP) for an enterprise .

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Jaypee Group plans to sell cement business; .

Jaypee has a pan-India cement manufacturing footprint across Himachal Pradesh, Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Andhra Pradesh, Chhattisgarh and Karnataka. It has already announced the sale of close to 14 million tonnes of capacity to companies such as Dalmia Bharat, Shree Cement and UltraTech. But the last transaction, involving two units in Madhya Pradesh with a total .

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Jaypee to sell most of cement business to .

Jaypee to sell most of cement business to UltraTech in Rs 17k crore deal NEW DELHI/MUMBAI: Beleaguered Jaiprakash Associates (JAL) on Sunday announced the sale of a majority of its cement business to Kumar Mangalam Birla-controlled UltraTech, the country's largest cement maker, in a Rs 17,000-crore deal.

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Cementing a Deal: UltraTech Buys JP Cement | .

UltraTech Cement acquires Gujarat unit of Jaypee Cement Corporation UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (map) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore. As part of the deal, UltraTech will take over a debt of Rs 3,650 crore. Click Here to read the full Article.

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Ultratech cement manufacturing units in india

UltraTech Cement, an Aditya Birla Group Company, has acquired the 48million tonne per annum mtpa Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore As part of the deal, UltraTech will take over debt of Rs 3,650 crore . more Ultratech Cement Dealers Distributors Exporters . Ultratech Cement UltraTech is the largest cement manufacturer in India and the tenth largest cement ...

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Ultratech cement manufacturing units in india

UltraTech Cement, an Aditya Birla Group Company, has acquired the 48million tonne per annum mtpa Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore As part of the deal, UltraTech will take over debt of Rs 3,650 crore . more Ultratech Cement Dealers Distributors Exporters . Ultratech Cement UltraTech is the largest cement manufacturer in India and the tenth largest cement ...

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UltraTech completes acquisition of cement units .

UltraTech Cement has completed the acquisition of cement units of Jaypee Cement Corporation (JCCL) in Gujarat. UltraTech informed the Bombay Stock Exchange that the acquisition process had been...

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UltraTech Cement - Cement industry news from .

India: UltraTech has received the green signal from the Competition Commission of India for its US$605m agreement with Jaypee Cement Corporation to purchase its Gujarat-based businesses. UltraTech plans to acquire Jaypee's facilities, which include an integrated cement manufacturing plant at Sewagram, a captive power plant and mining leases and limestone reserves.

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UltraTech to acquire Jaypee´s cement business | .

In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group´s UltraTech Cement, for an enterprise value of Rs 16,500 crore.

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Jaypee Group: UltraTech completes acquisition of ...

29.06.2017 · NEW DELHI: UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes. The scheme implementation committee at its meeting held today "made effective the scheme of arrangement between UltraTech, Jaiprakash Associates, Jaypee Cement Corporation .

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UltraTech to acquire Jaypee Cement's Gujarat .

UltraTech Cement Ltd has struck a deal to acquire two units of Jaypee Cement Corporation Ltd located in Gujarat at an enterprise valuation of Rs 3,812 crore ($590 million).

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UltraTech Cement - Cement industry news from .

Jaypee's largest previous cement divestment was also to UltraTech. In 2014, it sold a 2.4Mt/yr cement plant in Kutch and a 2.4Mt/yr grinding plant in Wanakbori, both in Gujarat State, for US$620m. The deal was closed in June 2014. In September 2014, Jaypee announced the US$60m sale of its 1.5Mt/yr grinding plant in Panipat to Shree Cement.

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Jaypee Group - Wikipedia

The Jaypee group has been selling most of its cement assets to reduce its debt. On 29 February 2016 it was reported that Jaypee group's cement assets will be acquired by Ultra tech amounting to ₹16,500 crore (US$2.3 billion) to laid off the debt, making it the largest deal in Indian cement sector.

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UltraTech shareholders approve merger of JP .

According to the deal, UltraTech will pay Rs 16,189 crore to buy Jaypee Group's cement operations that have a total capacity of 17.2 MTPA. The firm through a regulatory filing informed about the outcome of the court-convened meeting of the equity shareholders held on October 20.

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Strategic move by Ultratech cement - PGDMA | MCA | Best ...

Acquisition of Jaypee Cement Gujarat unit by Ultratech is one of the largest domestic M&A deals of recent times. Aditya Birla group has acquired the Jaypee Cement Corporation's (JCCL) Gujarat unit for Rs 3800 crores. The Deal The deal was finalized on 12 th September this year. It is to be completed in seven to nine months and it will give Ultratech entry into Gujarat. For the Jaypee group ...

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Jaypee Cement Plant Baga Location - mv .

Jaypee ultratech cement looking to seal rs16189 crore deal by july 2 min read updated ultratech in july last year said it will acquire jaiprakash associates cement plants with a total. read mode. Ultratech In Talks To Buy Jaypees Cement Assets In Himachal. Ultratech in talks to buy cement assets for about 4000 crore only a few months after it bought debtladen jaypee groups cement plant in ...

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Jaypee Cement - Home | Facebook

Jaypee Cement. 15,430 likes · 16 talking about this. The Jaypee Group is one of the largest cement producers in the country with the brand name - Jaypee Cement.

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Jaypee Group sells cement biz to UltraTech for .

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 source said.

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India: UltraTech in talks to acquire further .

UltraTech Cement is in preliminary talks to acquire the Jaypee Group's cement assets in Solan, Himachal Pradesh state, according to local media citing two sources familiar with the situation. The assets include an integrated cement plant and a grinding and blending unit.

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