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#0183;#32;India: According to the Financial Express, Jaiprakash Associates is close to selling its 1Mt/yr capacity cement plant at Sikandarabad, Uttar Pradesh to HeidelbergCement for around US If the deal materialises, it would be the fifth cement asset sale by Jaiprakash Associates in little over a year. The group is looking to sell assets, including cement and power plants, to reduce its
Debtladen Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm''s cement business to Aditya Birla Group''s UltraTech Cement.. Earlier this year, the
Debtladen Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm''s cement business to Aditya Birla Group''s UltraTech Cement.. Earlier this year, the
Jaiprakash Associates Ltd rallied on Wednesday, after media reports highlighted that Ultratech Cement is looking at possible acquisition of Jaypee Group''s three cement plants
#0183;#32;UltraTech Cement Ltd said on Sunday it had agreed to buy Jaiprakash Associates Ltd''s cement plants for Rs 16,500 crore including debt. NEW DELHI | MUMBAI: Indias 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 Indias banks get proactive on
Jaiprakash Associates Ltd has finalised a deal to sell nearly twothirds of its cement business to UltraTech Cement Ltd, in a development that gives it a breather in its attempt to stave off creditors seeking to take over the debtladen company.
nder the revised deal, UltraTech will buy MT of cement capacity from Jaiprakash. Jaiprakash Associates, which was reeling under heavy debt burden, has announced the part sale of its cement business to Aditya Birla groups UltraTech for Rs 15,900 crore
Jaypee Cement Latest News On Jaypee Cement Read. Ultratech to buy Jaypees 2 cement plants for Rs 5400 crore. In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates JAL in Madhya Pradesh for an enterprise value of
#0183;#32;nder the revised deal, UltraTech will buy MT of cement capacity from Jaiprakash. Jaiprakash Associates, which was reeling under heavy debt burden, has announced the part sale of its cement business to Aditya Birla groups UltraTech for Rs
India: Jaiprakash Associates has missed an interest payment due on 7 March 2016 on its bonds worth US150m. The interest will be paid later from the proceeds of its recent US sale of cement assets, the company said in a statement. quot;Interest was payable on the bonds on the semiannual interest payment date of 7 March 2016.
Debtridden Jaiprakash Associates Ltd. plans to, according to a news report, sell its residual cement business after asset sales helped the infrastructure company reduce its debt by more than half in the last four its yet to turn profitable and may not be able to repay all its loans even after selling its remaining assets.
As part of the deal, UltraTech will take over JP Associates debt of 12,000 crore along with ICICI Bank debt of 5,300 crore and get access to operate six integrated cement plants and five
Debtridden Jaiprakash Associates on Thursday announced the part sale of its cement business to the Kumarmangalam Birlaled Ultratech for Rs 15,900 crore, marking the biggest consolidation in the ceme
#0183;#32;As part of the deal, UltraTech will take over JP Associates debt of 12,000 crore along with ICICI Bank debt of 5,300 crore and get access to operate six integrated cement plants and five
#0183;#32;India: Jaiprakash Associates plans to sell US worth of assets by 2015 to cut its debt, after divesting assets totalling US in the six months that ended on 31 March 2014. Jaiprakash Associates plans to sell a thermal power plant, a cement plant, some of its real estate assets and a part of its stake in the Yamuna Expressway.
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