In February, Nuvoco Vistas formerly Lafarge India Limited announced that it would acquire the 8.3 million tonne per annum cement business of Emami for an enterprise value Rs 5,500 crore. Emami Cement, part of the Emami group, owns and operates cement manufacturing units in West Bengal, Chhattisgarh, Bihar and Odisha.
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Emami CementNuvoco Vistas deal gets CCI nod. Gail to commission LNG pipeline next month. CCL first off with coal infra projects worth Rs. 1,200 crore. MIHAN India cancels GMR contract for development of Nagpur Airport.
CCI approves Nuvoco Vistas acquisition of Emami Cement The Competition Commission of India CCI has approved acquisition of 100 of the total issued and paid up share capital of Emami Cement Limited ECL, on a fully diluted basis, by Nuvoco Vistas Corporation Limited NVCL.
In February, Nuvoco Vistas formerly Lafarge India Limited announced that it would acquire the 8.3 million tonne per annum cement business of Emami for an enterprise value Rs 5,500 crore. Emami Cement, part of the Emami group, owns and operates cement manufacturing units in West Bengal, Chhattisgarh, Bihar and Odisha.
May 22, 2020 India Nuvoco Vistas has received approval from the Competition Commission of India for its 100 acquisition of Emami Cement from Emami Group.
2 days ago The Competition Commission of India CCI has given a green signal to Emami s cement subsidiary merger with Nuvoco Vistas Corporation. On Thursday, CCI has approved 100 acquisition of
Feb 07, 2020 Three years after grabbing national headlines for its first big cement takeover, Nuvoco Vistas, Nirma Groups cement division, announced its second acquisition on Thursday the 8.3milliontonneperannum business of Emami for an enterprise value of Rs 5,500 crore.
Emami Cement Nuvoco Vistas Kolkatabased diversified conglomerate Emami Group announced on Thursday that it had entered into a binding agreement with Nuvoco Vistas Corp, part of the Nirma group, for divesting its 100 per cent equity stake in Emami Cement for
Nuvoco Vistas Corporation Limited Nuvoco, part of the Ahmedabadbased Nirma Group, has signed a binding agreement with the Emami Group to buy 100 equity stake in
May 21, 2020 In February, Nuvoco Vistas formerly Lafarge India Limited announced that it would acquire the 8.3 million tonne per annum cement business
Emami Cement, part of the Emami group, owns and operates cement manufacturing units in West Bengal, Chhattisgarh, Bihar and Odisha. We have updated our terms and conditions and privacy policy Click Continue to accept and continue with ET RealEstate.
Emami Group enters into binding agreement with Nuvoco Vistas for sale of its cement business Emami Cement operates one integrated cement plant and three grinding units with a total cement grinding
Emami Group on Friday said it has sold its cement business, Emami Cement, to Nuvoco Vistas, part of the Nirma Group, for an enterprise value of 5,500 crore. The move is aimed to reduce debt at the
After Dalmia Bharat Cement, Shree Cement and Nuvoco Vistas Corporation have joined the race to acquire Emami Cement. Sources aware of the development told Business Standard that all the three companies were studying the financial position of the Rs 6,000crore Emami Cement.
May 22, 2020 CCI approves 100 pct acquisition of Emami Cement by NVCL CCI has approved acquisition of 100 of the total issued and paid up share capital of Emami Cement Limited ECL, on a fully diluted basis, by Nuvoco Vistas Corporation Limited NVCL.
Competition Commission of India CCI on Thursday said it has approved the proposed acquisition of Emami Cement by Nuvoco Vistas Corporation, which is a Nirma promoter group company. In February, Nuvoco Vistas formerly Lafarge India Limited announced that it would acquire the 8.3 million tonne per annum cement business of Emami for an enterprise value Rs 5,500 crore.
May 21, 2020 In February, Nuvoco Vistas formerly Lafarge India Limited announced that it would acquire the 8.3 million tonne per annum cement business of Emami for an enterprise
May 22, 2020 CCI approves acquisition of Emami Cement by Nuvoco Vistas Corporation The Competition Commission of India CCI has approved acquisition of 100 percent of the total issued and paid up share capital of Emami Cement ECL, on a fully diluted basis, by Nuvoco Vistas Corporation.
Jan 20, 2020 MUMBAI Nuvoco Vistas, the Nirma Groups cement division, has emerged as the frontrunner to acquire the Emami Groups nine million tonne per annum cement business for Rs 5,5006,000 crore enterprise value to consolidate its position in the east.
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