jaypee ultratech news

UltraTech buys Jaypee cement units - Times of India

Dec 24, 2014· MUMBAI: Kumar Mangalam Birla-led Aditya Birla Group's flagship firm UltraTech Cement has decided to acquire two cement units of Jaiprakash Associates (JAL) with a …

Ultratech buys Jaypee Cement unit - Times of India

Sep 12, 2013· India Business News: Aditya Birla Group flagship company Ultratech Cement on Wednesday announced acquisition of Jaypee Group's Gujarat cement unit for an enterprise value

Ultratech bets on Jaypee formula to up output at Binani ...

Cement maker Ultratech pumped in additional Rs 200 crore in 18 months to bring its Jaypee acquisition on par. The Aditya Birla Group company now looks to repeat the process for its two latest acquisitions — Binani Cement and Century Cement.

jaypee ultratech: Latest News, Videos and Photos of jaypee ...

Apr 23, 2020· jaypee ultratech News: Latest and Breaking News on jaypee ultratech. Explore jaypee ultratech profile at Times of India for photos, videos and latest news of jaypee ultratech. Also find news ...

KKR, UltraTech submit bids for Jaypee Group's cement assets

Photo: Reuters KKR, UltraTech submit bids for Jaypee Group's cement assets 1 min read. Updated: 21 Jan 2016, 12:41 AM IST George Smith Alexander, Bhuma Shrivastava. Potential buyers have been ...

Cementing a Deal: UltraTech Buys JP Cement | M&A Critique

UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (map) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore. As part of the deal, UltraTech will take over a debt of Rs 3,650 crore. Click Here to read the full Article.

Ultratech jaypee deal: Latest News, Videos and Special ...

Jun 30, 2017· Ultratech jaypee deal: Latest and Breaking News, video, special reports about Ultratech jaypee deal. Explore more for Ultratech jaypee deal information, top headlines & more on Livemint.

UltraTech-JP Cement deal: Bankers ... - The Economic Times

Jun 29, 2017· MUMBAI: ICICI Bank today said that a lenders consortium led by it has concluded the biggest asset resolution in the country with the consummation of the Rs 16,189 crore takeover of Jaypee Cements by Ultratech. "This is the largest asset resolution in the country so far and I hope that this landmark transaction will pave the way for more such resolutions," Chanda Kochhar, ICICI Bank …

Jaypee Ultratech News and Updates from The Economic Times

Jaypee Ultratech News and Updates from The Economictimes.com. ... Jaypee Cement sold three of the four projects attached to the Mandla South block in Madhya Pradesh, without the right to cola block, to Ultratech Cement on January 29 last year. UltraTech likely to get more pricing power

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.

UltraTech Cement acquires Jaypee Cement unit ... - Zee News

Sep 11, 2013· UltraTech will take over all assets and liabilities of the unit at closing and the consideration will be the enterprise value less liabilities taken over, Birla said. The consideration will be discharged by allotting UltraTech shares worth Rs 150 crore to Jaypee Cement shareholders.

UltraTech, Jaypee revise cement deal to Rs 16,200 crore ...

SELLING OFF: It could take up to a year to complete the regulatory process needed for UltraTech's acquisition of Jaypee 2014. Dec 23: Jaypee sells two cement units in Madhya Pradesh to UltraTech for Rs 5,400 crore 2016. Feb 26: Bombay High Court does not allow the sale because of changes in The Mines and Minerals (Development and Regulation) Act Feb 28: Jaypee signs an MoU to sell 18.4 ...

Jaypee Ultratech News and Updates from The Economic Times ...

Aug 16, 2018· Jaypee Ultratech 01 June, 2020, 02:59 PM IST. Markets. News

Jaypee Ultratech News and Updates from The Economic Times ...

Jun 13, 2017· UltraTech shareholders approve merger of JP Group's cement biz 21 Oct, 2016, 09:30AM IST According to the deal, UltraTech will pay Rs 16,189 crore to buy Jaypee Group's cement operations that have a total capacity of 17.2 MTPA.

UltraTech Cement strikes deal with Jaypee Group to bag its ...

NEW DELHI: UltraTech Cement, the flagship cement company of Aditya Birla Group, edged out determined rivals and struck a deal to bag the cement assets of Jaypee Group with a last-minute increase in acquisition price on Monday. UltraTech will now pay Rs 16,189 crore to buy Jaypee Group's cement operations that have a total capacity of 17.2 million tonnes per annum (MTPA) spread across …

ET Analysis: Ultratech picks up Jaypee's 22 MT cement ...

Feb 29, 2016· MUMBAI: Mapping the pan-India footprints of Jaypee and UltraTech will help in understanding that buying out Jaypee's 22.4 million tonnes of cement capacity will help the Aditya Birla Group flagship improve its market share in the key northern, central and southern zones where its presence is either weak or non-existent, without coming into the crosshairs of competition regulators …

UltraTech eyes Jaypee's Bhilai cement plant | Business ...

The plant is a joint venture between Jaypee Group (74 per cent stake) and public sector Steel Authority of India (26 per cent). If the deal succeeds, this would be the third plant India's largest cement maker UltraTech would be buying from the Jaypee Group in about a year and a half.

Jaypee Group - Wikipedia

Jaypee is India's first largest cement producer and the largest private sector hydropower company with 1,700 MW in operation. The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012.

Ultratech to buy majority stake in Jaypee's ... - Zee News

Aug 27, 2013· 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 …

Jaiprakash Associates, Jaypee Cement biz sale to UltraTech ...

Jan 12, 2018· UltraTech announced its intention to take over the troubled JP Cement for ₹15,900 crore in March 2016, and earlier this year, the valuation was increased to ₹16,189 crore.

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

Jaypee Ultratech Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Jaypee Ultratech Blogs, Comments and Archive News on Economictimes.com

UltraTech acquires Jaypee group's cement assets for Rs ...

UltraTech Limited has agreed to acquire Jaypee Group's 22.4 million tonnes of cement capacity assets for Rs.16,500 crore, making it the largest deal in the Indian cement sector.

Jaiprakash Associates - Cement industry news from Global ...

India: Jaiprakash Associates' sales have nearly halved following the sale of much of its cement business to UltraTech Cement in mid-2017. Its sales dropped to US$1.14bn in the year to the end of March 2018 from US$2.19bn in the same period in 2017. The company said that its annual results were not comparable due to the sale of six integrated cement plants and five grinding plants.

Jaypee - Latest News on Jaypee | Read Breaking News on Zee ...

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 …

JAYPEE-ULTRATECH DEAL SEG 1 - YouTube

Jul 01, 2017· The Big Corporate Story -- ICICI Bank-Led Consortium Has Completed The Sixteen Thousand Crore Rupees Jaypee-Ultratech Deal--- With This, Part Of The Debt Of Jaiprakash Associates And Jaypee Cement ...

Jaypee, UltraTech Cement looking to seal Rs16,189 crore ...

Home >companies >news >Jaypee, UltraTech Cement looking to seal Rs16,189 crore deal by July. ... UltraTech in July last year said it will acquire Jaiprakash Associates' cement plants, with a ...

UltraTech acquires Jaiprakash Associates' cement plants ...

Feb 29, 2016· NEW DELHI | MUMBAI: India's largest cement maker UltraTech Cement will acquire Jaiprakash Associates' cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as India's banks get proactive on bad loans. Once the deal is completed, the Aditya Birla Group company's capacity will go up to 90.7 million tonnes per annum …

Jaypee Ultratech News and Updates from The Economic Times ...

Dec 02, 2019· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 04 Apr, 2016, 11:58AM IST However, the size of the deal announced last month has been reduced from Rs 16,500 cr as Jaiprakash Associates decided not to sell its cement plant in Karnataka.

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