jaypee latest news2013 ultratech buy jaypee gujarat plant

Ultratech to buy majority stake in Jaypee's Gujarat plant ...

Ultratech to buy majority stake in Jaypee's Gujarat plant "Talks are on at advanced stages and the deal is likely to happen in next 10-15 days. Ultratech will buy Jaypee Cement Corporation's 51 percent stake in Gujarat plant, which has an annual capacity of five million tonnes" a source said.

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UltraTech buys Jaypee Cement's Gujarat unit for Rs 3,800 ...

UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore. As part of the deal, UltraTech will

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Ultratech to buy majority stake in Jaypee's Gujarat plant ...

Ultratech will buy Jaypee Cement Corporation's 51 per cent stake in Gujarat plant, which has an annual capacity of five million tonnes" a source said. "The deal is likely to be valued at ...

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Aditya birla group to buy jaypees guj cement for rs 3800cr

Aditya birla group to buy jaypees guj cement for rs 3800cr 1. Presented by: Nagesh Charugundla 2. Introduction In one of the largest domestic M&A deals of recent times, Aditya Birla group company Ultratech Cement would announced the acquisition of Jaypee Cement Corporation's (JCCL) Gujarat unit for Rs 3,800 crore.

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Ultratech buys Jaypee Cement unit - Times of India

Investment adviser S P Tulsian said it's a very good buy for Ultratech. "Jaypee Cement with two units in Gujarat and Andhra Pradesh has debts of Rs 7,903 crore.

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UltraTech buys Gujarat unit of Jaypee Cement for `3,800 cr

UltraTech buys Gujarat unit of Jaypee Cement for `3,800 cr Premium The acquisition will give UltraTech a 57.5 megawatt coal-based thermal power plant, limestone reserves for over 90 years at ...

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Ultratech to buy majority stake in Jaypee's Gujarat plant ...

Ultratech will buy Jaypee Cement Corporation's 51 per cent stake in Gujarat plant, which has an annual capacity of five million tonnes" a source said. "The deal is …

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Ultratech to buy stake in Jaypee's Guj plant - BusinessToday

Ultratech will buy Jaypee Cement Corporation's 51 per cent stake in Gujarat plant, which has an annual capacity of five million tonnes" a source said. "The deal is likely to be valued at around Rs ...

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UltraTech-Jaypee deal: How they benefit - BusinessToday

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 ...

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UltraTech in talks to buy Jaypee's cement assets in Himachal

UltraTech in talks to buy cement assets for about `4,000 crore only a few months after it bought debt-laden Jaypee Group's cement plant in Gujarat. UltraTech in talks to buy cement assets for ...

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UltraTech completes acquisition of Jaypee's Gujarat Units

The integrated plant at Sewagram and the grinding unit at Wanakbori in Gujarat officially became the 12thintegrated unit and 12th grinding unit respectively of UltraTech Cement on the 12th of June, post acquisition from Jaypee Cement. UltraTech 's capacity now moves up to 62 million tonnes, with the addition of 4.8 million tonnes capacity at Sewagram and Wanakbori.

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Jaypee Gujarat: Latest News & Videos, Photos about Jaypee ...

Jaypee Cement to sell 51% stake in Gujarat unit to Ultratech. Jaypee Cement has struck a deal with Aditya Birla Group firm Ultratech to sell 51 per cent stake in the 5 mtpa Gujarat facility for close to Rs 4,000 crore. more. 11 Sep, 2013, 01.16 PM IST.

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UltraTech buys Jaypee cement units - Times of India

Last year, UltraTech had agreed to buy Jaiprakash Cement's plant in Gujarat with a capacity of 4.8 mtpa for Rs 3,800 crore including debt. Facebook Twitter Linkedin EMail Start a Conversation

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CCI approves Jaypee Cement unit sale to Ultratech ...

Latest Gold Articles. ... The acquisition of the Gujarat plant, will boost Ultratech's capacity. The deal size was valued at Rs 3,800 crores. ... Ultratech Shares Rally On Reports to Buy Jaypee ...

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UltraTech buys Jaypee cement units - Times of India

Last year, UltraTech had agreed to buy Jaiprakash Cement's plant in Gujarat with a capacity of 4.8 mtpa for Rs 3,800 crore including debt. Facebook Twitter …

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UltraTech Acquires Gujarat Unit Of Jaypee Cement | M&A ...

UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore.As part of the deal, UltraTech will take over debt of Rs 3,650 crore. It will issue equity worth Rs 150 crore, with the fresh issue resulting in dilution of no more than 0.32 per cent of its capital.

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Ultratech to buy Jaypee's two cement plants for Rs 5400 ...

Ultratech. will acquire two plants from. Jaiprakash Associates. (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore. Ultratech, country's largest cement maker, today said its Board 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. The other ...

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