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Birla May Buy Jaiprakash Cement Assets Business Standard News

Feb 22, 2015 UltraTech Cement, Indias largest cement maker and part of the Aditya Birla Group, on 24 th Dec, 2014 said its Board has approved to acquire two cement plants of Jaiprakash Associates in Madhya Pradesh for an enterprise value of Rs. 5,400 crore. The transaction, which is subject to due diligence, definitive agreements and regulatory approvals, will strengthen UltraTechs position as the ...

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