UltraTech-JAL $2.5 bn cement plant deal likely by June 2017
UltraTech Cement's Rs 17,000 crore proposed acquisition of Jaiprakash Associates's cement plants is expected to be completed by June 2017, a top official from the Aditya Birla Group's flagship firm has said.
Mar 01, 2016, 18:59 PM IST
Birla's UltraTech buys JP's cement plants for Rs 17,000 crore
Aditya Birla Group firm UltraTech Sunday announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.
Feb 28, 2016, 17:11 PM IST