Скачать или смотреть Dalmia Bharat To Acquire Jaypee Group’s Cement Assets For ₹5,666 Crore: Assessing The Street View

The Jaypee Group on Monday said that a binding agreement had been signed to sell the group’s cement business to Dalmia Cement (Bharat) Ltd at an enterprise value of Rs 5,666 crore. The binding agreement has been signed by Jaiprakash Associates and Jaiprakash Power Ventures. The divestment includes cement plants with an aggregate capacity of 9.4 million tonne, clinker assets with a capacity of 6.7 million tonne, and 280 MW capacity thermal power plant, the Jaypee Group companies said in a release.

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