17 Oct 2014

Jaiprakash Associates in talks to sell its Bhilai Cement unit to Shree cements


Jaiprakash Associates, which has business interests that range from real estate to power, is in advanced talks to sell its 2.1 million tonne Bhilai Cement unit to rival Shree Cement for an enterprise value of Rs 1,800 crore as it looks to trim debt of Rs 60,000 crore by disposing of assets. 

view the full article here

No comments:

Post a Comment