Nirma raises Rs 4,000 cr debt to fund Lafarge deal
Detergent major Nirma, which in July had agreed to buy the cement business of the French major Lafarge India, today raised Rs 4,000 crore debt to fund the deal, making it the largest rupee bond sale for a leveraged buyout.
Sep 15, 2016, 16:33 PM ISTLafarge to sell India assets to Nirma for $ 1.4 billion
LafargeHolcim Ltd, the world's largest cement maker, today said it will sell its stake in Lafarge India to Nirma Ltd for an enterprise value of about USD 1.4 billion.
Jul 11, 2016, 14:14 PM ISTBirla Corporation to take legal action against Lafarge India
Birla Corporation, flagship firm of the M P Birla Group, Tuesday said it will take legal action against Lafarge India over the firm's "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement plants.
Feb 02, 2016, 21:54 PM ISTBirla Corp to buy Lafarge's India cement units for Rs 5,000 cr
Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand), along with Concreto and PSC brands.
Aug 17, 2015, 12:01 PM ISTLafarge names Ujjwal Batria its India CEO
French cement maker Lafarge Thursday said it has appointed Ujjwal Batria, an old company hand, Chief Executive of its India operations.
Jun 25, 2015, 21:07 PM IST