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ultratech cement buys two jp plants

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Jaiprakash Associates, Jaypee Cement biz sale to UltraTech

Jaiprakash Associates, Jaypee Cement biz sale to UltraTech

As part of the deal, UltraTech will take over JP Associates debt of 12,000 crore along with ICICI Bank debt of 5,300 crore and get access to operate six integrated cement plants and five grinding units in Himachal Pradesh, Uttar Pradesh, Uttarakhand, Madhya Pradesh and Andhra Pradesh with total capacity of 21.2 million tonnes.

UltraTech Cement, controlled by billionaire Kumar Mangalam Birla is to buy two of Jaiprakash Associates cement plants in central India at an enterprise val...

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Aditya Birla's UltraTech buys JP's cement plants for Rs

Aditya Birla's UltraTech buys JP's cement plants for Rs

Aditya Birla's UltraTech buys JP's cement plants for Rs 16,500 cr Aditya Birla Group firm UltraTech today announced acquisition of debt-ridden JP Group's cement plants for Rs 16,500 crore (about USD 2.5 billion), making it one of the biggest deals in the sector.

The move comes two days after UltraTech called off a Rs.5400-crore deal to buy Jaiprakash Associates' (JAL) 2.1 mtpa cement plant in Madhya Pradesh as new MMDR Act 2015 barred transfer of mines not allocated through auctions....

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India's UltraTech to buy Jaiprakash cement plants for $2.4

India's UltraTech to buy Jaiprakash cement plants for $2.4

India's UltraTech to buy Jaiprakash cement plants for $2.4 billion. said that Sunday's pact includes the sale of two plants in central UltraTech will buy

Birla's UltraTech buys JP's cement plants for RS 17,000 cr In a transaction that will take its cement portfolio to nearly 91 million tonne, UltraTech Cement will acquire 22.4 mt of assets from Jaiprakash Associates....

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UltraTech to buy Jaiprakash Associates cement assets for

UltraTech to buy Jaiprakash Associates cement assets for

Mumbai: UltraTech Cement Ltd on Sunday said it has agreed to buy Jaiprakash Associates Ltd's cement plants in six states at an enterprise value of Rs. 16,500 crore. Jaiprakash Associates has a total capacity of 22.4 million tonnes per annum in the states of Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Uttarakhand, Andhra Pradesh and Karnataka.

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....

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UltraTech to buy Jaiprakash cement plants for $2.4 bln Yahoo

UltraTech to buy Jaiprakash cement plants for $2.4 bln Yahoo

NEW DELHI (Reuters) UltraTech Cement Ltd, part of the Aditya Birla conglomerate, has agreed to buy Jaiprakash Associates Ltd's cement plants for an enterprise value of 165 billion rupees ($2.4 billion), the companies said on Sunday.

UltraTech Cement, controlled by billionaire Kumar Mangalam Birla is to buy two of Jaiprakash Associates cement plants in central India at an enterprise value of $851 million....

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UltraTech Cement to acquire two cement plants from JP

UltraTech Cement to acquire two cement plants from JP

UltraTech Cement to acquire two cement plants from JP Associates India Infoline News Service | Mumbai | December 24, 2014 08:10 IST This acquisition will create significant synergies and the surplus clinker will enable UltraTech to augment its cement capacity by a further 1.82.5 MTPA in addition to the 4.9 MTPA mentioned above.

Read more about Jaiprakash to sell two MP cement plants to Ultratech for Rs 5,400 cr on Business Standard. Buy to raise UltraTech's capacity to 65 mt a year...

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Birla's UltraTech buys JP's cement plants for Rs 16,500 cr

Birla's UltraTech buys JP's cement plants for Rs 16,500 cr

It was not clear whether the deal includes the two cement plants of JP group whose purchase was called off last Birla's UltraTech buys JP's cement plants for Rs

The move comes two days after UltraTech called off a Rs.5400-crore deal to buy Jaiprakash Associates' (JAL) 2.1 mtpa cement plant in Madhya Pradesh as new MMDR Act 2015 barred transfer of mines not allocated through auctions....

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Bombay High Court rejects UltraTech Cement's plan to buy

Bombay High Court rejects UltraTech Cement's plan to buy

Bombay High Court rejects UltraTech Cement's plan to Cement had agreed to buy JP Associates' two cement to buy the latter's cement plants at Bela

Read more about Birla's UltraTech buys JP's cement plants for Rs 16,500 cr on Business Standard. Aditya Birla Group firm UltraTech today announced acquisition of debt-ridden JP Group's cement plants for Rs 16,500 crore (about USD 2.5 billion), making it one of the biggest deals in the sector....

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Cementing deal: UltraTech buys JP Group's plants for Rs

Cementing deal: UltraTech buys JP Group's plants for Rs

Aditya Birla Group firm UltraTech on Sunday announced acquisition of debt-ridden JP Group's cement plants for Rs 16,500 crore, making it the biggest deal in the sector.

MUMBAI (Reuters) India's UltraTech Cement has agreed to buy two cement plants from Jaiprakash Associates for 54 billion rupees ($852 million) including debt, the companies said on Tuesday. A labourer carries a sack of Ultratech cement inside a shop in Agartala, capital of India's northeastern state of Tripura June 22, 2012....

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UltraTech acquires Jaiprakash Associates' cement plants

UltraTech acquires Jaiprakash Associates' cement plants

UltraTech Cement Ltd said on Sunday it had agreed to buy Jaiprakash Associates Ltd's cement plants for Rs 16,500 crore including debt. NEW DELHI | MUMBAI: India's largest cement maker UltraTech Cement will acquire Jaiprakash Associates' cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as India's banks get proactive on bad loans.

UltraTech Cement, controlled by billionaire Kumar Mangalam Birla is to buy two of Jaiprakash Associates cement plants in central India at an enterprise value of $851 million....

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CCI Clears UltraTech's Buyout of 2 JP Associates Plants

CCI Clears UltraTech's Buyout of 2 JP Associates Plants

UltraTech's proposed buyout of two cement plants from Jaiprakash Associates Ltd has received approval of the Competition Commission of India (CCI), which said the deal is unlikely to have an adverse impact on competition.

Cementing deal: UltraTech buys JP Group's plants for Rs 17,000 cr Aditya Birla Group firm UltraTech on Sunday announced acquisition of debt-ridden JP Group's cement plants for Rs 16,500 crore, making it the biggest deal in the sector....

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ultratech buys jp group s cement plants for rs 17000 cr

ultratech buys jp group s cement plants for rs 17000 cr

JP CEMENT PLANT IN SATNA. list of cement ABHIJEET GROUP CEMENT PLANT IN SATNA NEWS SATNA CEMENT PLANTS. ultratech cement to set up rs 2,600 cr new 35 mt,jul 19 The Times Group Brookfield in Talks to Buy JP's to be valued at around Rs 5,000 cr Aditya Birla Group firm UltraTech for `. 19,500 crore.

India: UltraTech Cement is seeking clarification from the Indian government over the transfer of limestone reserves as part of its deal to buy two integrated cement plants in Madhya Pradesh from Jaypee Group, according to HT Media....

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UltraTech buys Jaiprakash cement plants in new $2.4

UltraTech buys Jaiprakash cement plants in new $2.4

UltraTech Cement Ltd will buy Jaiprakash Associates Ltd's cement plants for 159 billion rupees ($2.4 billion) including debt, the companies said in a revised deal unveiled on Thursday.

UltraTech buys Jaypee cement 's flagship firm UltraTech Cement has decided to acquire two cement to buy Jaiprakash Cement's plant in Gujarat with ...

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UltraTech buys Jaypee cement units for Rs 15,900 cr

UltraTech buys Jaypee cement units for Rs 15,900 cr

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 reduce its debt.

Aditya Birla Group firm UltraTech today announced the acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about $2.5 billion), making it the biggest deal in the sector....

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