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UltraTech to buy Jaiprakash cement plants for US$2.4b

Chief Editor February 29, 2016 0 12 sec read
NEW DELHI: India’s UltraTech Cement Ltd, part of the Aditya Birla conglomerate, said on Sunday it had agreed to buy Jaiprakash Associates Ltd’s cement plants for an enterprise value of 165 billion rupees (US$2.4bil). UltraTech, beating competition from domestic and international bidders for the….


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