· in a filing to the bse, jal said: "board today approved the definitive agreement with ultratech cement ltd (utcl) for sale of part of its cement business comprising identified operating cement...

 · Associate business Jaypee Cement having 21.2 MTPA capacity for ₹16,189 crores The deal encompasses 6 integrated cement factories and 5 grinding units It will increase UltraTech's capacity to 91.1 MTPA making it the fourth largest cement maker in the world (Chinese firms excluded) The merger was announced on 28th Feb 2016

 · In 2016, UltraTech announced its agreement to acquire plants of Jaiprakash. Associate business Jaypee Cement having 21.2 MTPA capacity for ₹16,189. crores. The deal encompasses 6 integrated cement factories and 5 grinding units. It will increase UltraTech's capacity to 91.1 MTPA making it the fourth largest.

 · Byju's employees meet Kerala minister after 170 staff are 'asked to resign' ... UltraTech, Jaypee revise cement deal to Rs 16,200 crore The March deal revision had excluded the 1.2-million tonne plant in Karnataka ... An additional payment of Rs 470 crore for 4 mtpa under construction grinding unit in Uttar Pradesh was included in the February ...

 · Ultratech has approved the acquisition of JAL's Bela unit which has 2.1 million tonnes per annum (mtpa) clinker and 2.6 mtpa cement grinding capacity. PTI NEW …

 · The Jaypee group, which has Rs 60,000 crore of debt on its books, was under pressure from the lenders to repay. UltraTech will take over the debt of the cement company from Jaypee, whose loans would …

 · India: Jaiprakash Associates (Jaypee Group) has announced that it will sell two cement plants in Madhya Pradesh State to UltraTech Cement. The assets comprise …

 · Holcim, through its two large cement firms together, has capacity of 58 mtpa in India. UltraTech has paid approximately $124 per tonne for the asset. This is in line with market valuation of large cement firms in the country but is at a significant premium to the another recent deal in the sector.

 · SHARE. READ LATER. UltraTech Limited has agreed to acquire Jaypee Group's 22.4 million tonnes of cement capacity assets for Rs.16,500 crore, making it the largest deal in the Indian cement sector.

Ultratech cement Group Company this marks the largest acquisition of cement assets in India. As part of the deal Rs 12500 crores of loans on the books of Jai Prakash associates ltd will move to Ultratech. From being classified as a non-performing asset the debt will be upgraded to AAA status.

 · Aditya Birla group firm Ultratech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh in a deal that …

 · Ultratech, country's largest cement maker, said its board has approved the acquisition of JAL's Bela unit which has 2.1 million tonne per annum (mtpa) clinker and 2.6 mtpa cement grinding capacity. The other …

 · The transaction will see Ultratech become possibly India's biggest cement player. Value of the transaction was reduced from Rs 16,500 crore to Rs 15,900 crore. The deal will help Jaiprakash ...

 · Ultratech is up 3%; company acquires two cement units of JP Associates of total capacity of 4.9 mtpa for a value of Rs 5400 crore. With this, UltraTech's capacity will go up to 65 million tonnes ...

 · The sale is part of Jaypee's programme to pay-down debt. It has sold assets worth US$3.6bn in pursuit of this aim. This includes some US$1.6bn of assets in its cement business. However, it said that it remains India's third-largest cement producer, with a capacity of 22Mt/yr. Jaypee's largest previous cement divestment was also to UltraTech.

 · MUMBAI: UltraTech Cement has signed a memorandum of understanding (MoU) to buy two cement plants of Jaiprakash Associates in Madhya Pradesh, a deal …

The company has no plan to sell its Reva cement plants," he said. Sources, however, maintained that UltraTech is looking to acquire the three cement plants of Jaypee Group in Reva, Madhya . View Details Send Enquiry UltraTech Cement to set up Rs 2600 cr new 3.5mt plant in. View Details Send Enquiry list of cement plant in bhopal. Madhya Pradesh ...

 · 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 Cement Limited is the cement flagship company of the Aditya Birla Group. A USD 7.1 billion building solutions powerhouse, UltraTech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. It is the third largest cement producer in the world, excluding China.

2  · Please do not trust these individuals and if you are approached by anyone offering UltraTech products through any of the mediums, seeking advance money in their bank account, please report the incident to the nearest Dealer or Authorized Retail Stockist or …

 · MUMBAI:, February 27, 2016 01:22 IST Updated: February 27, 2016 01:22 IST Kumar Mangalam Birla-led UltraTech has called off a Rs.5400-crore deal to buy Jaypee Group's 2.1 mtpa cement plant in...

 · UltraTech is the only cement company globally (outside of China) to have 100+ MTPA of cement manufacturing capacity in a single country. The Company's business …

For Jaypee, subsidiary of Jaiprakas. View Details Send Enquiry Ultratech to buy majority stake in Jaypees Gujarat plant. Aug 27, 2013 alks are on at advanced stages and the deal is likely to happen in next 10-15 days. Ultratech will buy Jaypee Cement Corporation 51 per cent stake in Gujarat plant, which has an annual.

 · MUMBAI: UltraTech Cement has signed a memorandum of understanding (MoU) to buy two cement plants of Jaiprakash Associates in Madhya Pradesh, a deal that will help consolidate its position as India's biggest cement-maker.For Delhi-based Jaypee Group, the deal is part of an ongoing exercise to reduce debt, which stood at Rs 65,000 …

 · UltraTech will take over a total debt of Rs 3,800 crore, and pay Rs 150 crore in equity. The deal is a pointer to how cement businesses are shaping in India. In 2009, L&T had offloaded 11.49 per ...

ABSTRACT The project based on the merger and acquisition of Ultratech cement and Jaypee groups. It is horizontal merger, Ultratech cement is a one of the largest cement manufacture in the country but it has been limited ... so they made a deal with Jaypee cement to acquire its biggest cement plants in the area's like Gujarat, Madhya Pradesh ...

 · As part of the deal, the Aditya Birla Group firm will acquire Jaiprakash Associates' integrated cement plant with clinker capacity of 2.1 million tonnes per annum …

 · Reliance Cement has total capacity of 5.08 million tonnes at Maihar, Madhya Pradesh, and Kundanganj, Uttar Pradesh. It also has a grinding unit of half a million tonnes capacity at Butibori, Maharashtra. …

In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday 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. Under the deal, UltraTech will