Emami Cement sale is completed by Nuvoco Corp
Emami Ltd said on Tuesday that the group has completed sale of Emami Cement to Nuvoco Corp Ltd for an enterprise value of INR55bn (US$724.83m). “The deal was completed with the ...
Emami Cement
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CCI approves acquisition of Emami Cement
The Competition Commission of India has approved the 100 per cent acquisition of the total issued and paid-up share capital of Emami Cement Ltd by Nuvoco Vistas Corp. Emami had ...
Emami Group agrees to sell cement unit to Nuvoco Vistas
India’s Emami Group has announced the sale of its 8.3Mta cement business to Nuvoco Vistas (Nirma Group), with the move valued at INR55bn (US$770.56m). "We are very proud of Emam...
HeidelbergCement
HeidelbergCement’s North American subsidiary, Lehigh Hanson Inc, has entered into an agreement with Giant Cement to acquire its Keystone cement plant in Bath, Pennsylvania. The ...
Blackstone enters race for Emami Cement
Blackstone Group Inc (KKR & Co) are reported to be contemplating a bid for Indian conglomerate Emami Group and Emami Cement Ltd. Bloomberg reports that TPG Capital is also consi...
Dalmia Cement reportedly considers acquiring Emami Cement assets
India’s Dalmia Cement (Bharat) has reportedly submitted an expression of interest in acquiring the cement assets of Emami Group, which have been valued at INR60bn (US$841.9m), a...
Emami Cement receives approval for IPO
Emami Cement Ltd has received approval from the Securities and Exchange Board of India for an IPO, which could raise INR10bn (US$143.56m), according to the Business Standard. Th...
Emami Group to demerge solar assets from cement company
India’s Emami Group has received National Company Law Tribunal (NCLT) approval to demerge its solar power assets from its cement company. The assets will be consolidated under E...
Emami Cement improves power supply
Emami Cement Ltd at Kalinga Nagar Industrial Area in the Indian state of Odisha has improved its power supply following its connection to the inter-state 400/220kV New Duburi gr...
Emami Cement files IPO prospectus
Emami Cement has filed a prospectus with market regulator Sebi to raise up to INR10bn through an IPO, according to a document on issue manager manager Axis Capital’s website. "T...