Global majors in line for India’s Murli Industries – report

Global majors in line for India’s Murli Industries – report
Published: 23 June 2010

Lafarge, CRH and HeidelbergCement are among the parties interested in acquiring Maharashtra cement company Murli Industries Ltd, the Business Standard reported on its website Wednesday, citing two sources with direct knowledge of the developments.

Companies have submitted non-binding bids for the business and are conducting due diligence, the website reported.

Motilal Oswal and Macquarie are thought to be advising on the sale, the website reported.