CRH to buy 51% in Jaypee's Gujarat units for INR21bn (US$378.9m)
Irish building materials group CRH is set to pick up a controlling 51 per cent stake in the cement operations of Jaiprakash Associates in Gujarat for an enterprise value of INR4...
Jaiprakash Associates
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CRH confirms Jaiprakash talks for Gujarat unit
CRH plc announces that it has entered negotiations with Jaypee Cement Corporation (Jaypee) that may lead to the purchase by CRH of an equity stake in Jaypee’s Gujarat cement bus...
CRH closing in on Jaiprakash cement stake - report
CRH is reported close to picking up 51 per cent stake in Jaiprakash Associates' cement operations in Gujarat at an enterprise value of about INR4200 crore, the Economic Times of...
India: mergers and acquisitions ahead?
CRH has reportedly emerged as the latest company to enter the foray for a stake in Jaiprakash Associates' cement units in the Indian states of Gujarat and Andhra Pradesh, which ...
CRH eyes stake in Jaiprakash cement units, India
CRH is said to be interested in buying a stake in Jaiprakash Associates cement plants in Gujarat and Andhra Pradesh, according to Indian press reports.
Indian producers issued with record fine on price fixing
Eleven Indian cement producers have been issued a total fine of INR60bn (US$1.1bn) for price fixing, the highest ever fine issued by the country’s antitrust authority in its thr...
Jaiprakash in talks to sell one Indian cement unit
Jaiprakash Associates is in talks to sell one of its cement units to UltraTech Cement, Bloomberg reports. The company is seeking a valuation of about INR40bn for the division an...
Jaypee plans capacity hike, India
India’s Jaypee Group is aiming to increase cement capacity to around 50Mta over the next five years from 33.5Mt, the Economic Times of India reports. Shiva Dixit, vice president...
Jaiprakash March dispatches rise 32%
Jaiprakash Associates' cement dispatches in March 2012 has increased by 32% at 2.08Mt, as against 1.57Mt in the same month of 2011. Jaypee's cement business operates under the J...
Jaiprakash to hive off cement company, India
Jaiprakash Associates will hive off its cement plants and other units of the company to wholly-owned subsidiary, Jaypee Cement Corporation, the Economic Times of India reports. ...