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

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. UltraTech Cement said it entered into a binding

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UltraTech acquires Jaiprakash Associates' cement plants ...

The deal announcement comes two days after UltraTech called off a deal with Jaiprakash Associates to buy two cement assets in Madhya Pradesh citing regulatory issues. Both parties had entered into a scheme of arrangement …

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UltraTech Cement buys JP group plants for Rs.16,500 crore ...

Mumbai, Feb 28: Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for Rs.16,500 crore (about $2.5 billion). "UltraTech Cement has today (Sunday) entered into a binding MoU with Jaiprakash Associates for the […]

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UltraTech Cement - Wikipedia

UltraTech Cement Limited is an Indian cement company based in Mumbai, and a part of Aditya Birla Group. UltraTech is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum. It is the only company in the world to have a capacity of over 100 million tonnes in a single country, …

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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 ...

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UltraTech Cement buys JP group plants for Rs 16,500 crore ...

Mumbai, Feb 28: Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for...

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Birla's UltraTech buys JP's cement plants for $2.5 bn

Aditya Birla Group firm UltraTech on Sunday announced 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...

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UltraTech to acquire two JP cement units - Hindustan Times

UltraTech Cement, India's largest cement maker and part of the Aditya Birla Group, on Tuesday said it's board had agreed to acquire two cement plants of …

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UltraTech buys Jaypee cement units - Times of India

AA MUMBAI: Kumar Mangalam Birla-led Aditya Birla Group 's flagship firm UltraTech Cement has decided to acquire two cement units of …

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Jaiprakash buy cements UltraTech's No. 1 position - The ...

The two cement plants being sold by Jaiprakash Associates also come with clinker capacities that can help UltraTech augment its cement making capacity in this region by …

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Ultratech to acquire JP cement plants | NewsBytes

UltraTech, the Aditya Birla Group firm announced that it would be acquiring the debt-ridden JP Group's cement plants for almost Rs.17,000 crore (approximately $2.5 billion), making it the biggest ...

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UltraTech buys JP's cement plants for Rs 17,000 crore ...

Aditya Birla Group firm UltraTech announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 …

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UltraTech buys JP group's cement plants for Rs 17,000 cr ...

The new MoU follows calling off an earlier deal wherein UltraTech was to acquire two cement plants in Madhya Pradesh from Jaiprakash Associates, which has been selling its cement and power assets...

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India's UltraTech to buy Jaiprakash cement plants for $852 ...

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.

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Bombay High Court rejects UltraTech Cement's plan to buy ...

However, UltraTech has now emerged as a strong contender to buy 22 million tonnes of cement assets that Jaypee is trying to sell. These two MP plants are part of that package. Under the new Mines and Mineral Development and Regulation (MMDR) 2015 Act, mine reserves which are not bought through auction, cannot be transferred to a seller.

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UltraTech Cement buys JP group plants for Rs.16,500 crore

Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for Rs.16,500 crore ...

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JP Associates Surges on New Deal From UltraTech to Buy ...

Read: UltraTech Buys Jaiprakash Cement Plants in New Rs 15,900 Crore Deal Traders say that the move is positive for Jaiprakash Associates which has been selling its assets to pare its huge debt ...

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Birla's UltraTech buys JP's cement plants for Rs 17,000 cr ...

Aditya Birla Group firm UltraTech today 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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Cementing a Deal: UltraTech Buys JP Cement | M&A Critique

India's largest cement-maker UltraTech Cements Ltd. (UT) had to call off a Rs 5,325 crore deal to buy Jaiprakash Associates Limited's (JP) two …

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Jaypee sells two cement units to UltraTech for Rs 5,400 cr ...

Jaypee sells two MP cement units to UltraTech for Rs 5,400 crore Including the UltraTech deal, the Jaypee Group has divested assets worth over Rs 20,000 crore. Its group debt will now stand at ...

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UltraTech Cement buys JP group plants for Rs.16,500 crore ...

UltraTech Cement buys JP group plants for Rs.16,500 crore Monday, February 29th, 2016 at 9:58 AM Mumbai: Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for Rs.16,500 crore (about $2.5 billion).

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Birla's UltraTech buys JP's cement plants for RS 17,000 cr ...

Birla's UltraTech buys JP's cement plants for RS 17,000 cr; 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 …

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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.

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UltraTech buys JP's cement plants : The Tribune India

New Delhi, February 28 Aditya Birla Group firm UltraTech today announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the bi

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UltraTech Cement buys JP group plants for Rs.16,500 crore ...

Read more about UltraTech Cement buys JP group plants for Rs.16,500 crore on Business Standard. Aditya Birla-led UltraTech Cement on Sunday announced acquisition of Jaiprakash Associates Ltd's cement plants, with total capacity of 22.4 million tons per annum (mtpa), for Rs.16,500 crore (about $2.5 billion).

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Plant Locations across India - UltraTech Cement

P.O. Awarpur Cement Project, Taluka: Korpana, District: Chandrapur, Maharashtra - 442 917. (07173) 266323 (07173) 266339

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Birla's UltraTech buys JP's cement plants for Rs 17,000 ...

The new MoU follows calling off an earlier deal wherein UltraTech was to acquire two cement plants in Madhya Pradesh from Jaiprakash Associates, which has been selling its cement and power assets...

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UltraTech enters Central India by acquiring JP's cement ...

The stock of UltraTech Cement has rallied four per cent. The company had on Tuesday evening announced acquisition of two cement units of JP Associates, both in Madhya Pradesh, of total capacity 4 ...

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UltraTech buys JP's cement plants : The Tribune India

New Delhi, February 28 Aditya Birla Group firm UltraTech today announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the b

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UltraTech Cement completes acquisition of Cement plants of ...

After the acquisition, UltraTech has 18 Integrated Plants, 1 clinkerisation unit, 25 Grinding Units and 7 bulk terminals, augmenting its Grey Cement manufacturing capacity to 93 mtpa. With this UltraTech becomes the 4th largest cement player globally ( excluding the Chinese players ) and the largest player in India by an even larger margin.

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