ГЛАВНАЯ cci news about lafarge india jojobera cement plant

cci news about lafarge india jojobera cement plant

Mega Lafarge India asset sale faces roadblock? - The ...

Mr Bhatia was assisted by partner Abdullah Hussain & Managing Associate Kanika Chaudhary Nayar. In February, 2016, Lafarge got the approval from the CCI for the divestment of its interest in Lafarge India, including three cement plants and two grinding stations with a total capacity of around 11 million tonnes per annum.

Lafarge India - Cement industry news from Global Cement

India: Birla Corporation 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. In August 2015 both firms signed an agreement, through which Birla Corporation was to acquire Jojobera and Sonadih cement businesses from Lafarge India for US$734m.

Jojobera Cement Plant - Nuvoco Vistas Corp Ltd.

Nuvoco Vistas Corp. Ltd, a Nirma Group company, started operations in India in 1999 via acquisitions. Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. Thereafter, we have grown the cement business, through acquisition of the Indian cement business of Lafarlcim in 2016 and NU Vista (formerly ...

CCI clears Holcim-Lafarge deal | Companies News | Zee News

Apr 01, 2015, 22:04 PM IST. Source: PTI. New Delhi: Fair trade watchdog CCI has given its green signal for the Holcim-Lafarge merger deal that would create the world's largest cement group, while directing Lafarge to sell its two plants in India to address anti-competition concerns. The USD 40 billion-deal, which a few weeks ago was on the ...

CCI approves Emami Cement acquisition by Nirma arm

In 2016, Nirma acquired Lafarge India's cement assets at an enterprise value of $1.4 billion. Lafarge India operated three cement plants and two …

Lafarlcim Gets CCI Go-Ahead for India Divestment Plan

The company had got a conditional clearance from CCI in April 2015 for its earlier divestment proposal, including the divestment of Jojobera and Sonadih plants in Eastern India with a cement ...

Lafarlcim receives revised divestment order from India

Lafarlcim has received a revised order from the Competition Commission of India (CCI) to divest its interest in Lafarge India, including three cement plants and two grinding stations with ...

CCI clears Holcim-Lafarge merger with riders, asks Lafarge ...

By. Anuradha Verma. 02 April, 2015. The Indian anti-trust authority Competition Commission of India (CCI) has given its consent to the Indian leg of the proposed $44 billion merger between France's Lafarge SA and Swiss peer Holcim, which would create the world's largest cement company by manufacturing capacity and sales, according to a statement.

Lafarge India - Cement industry news from Global Cement

Lafarge India has said that the transfer of management and accounts for the Jojobera plant was completed on 6 -7 October 2016 following approval by the Competition Commission of India for the sale. It agreed to sell five cement plants to Nirma for US$1.4bn in July 2016. Published in Global Cement News.

Lafarlcim To Sell Lafarge India Assets To Nirma For $1 ...

Accordingly, the cement giant submitted a proposal to the CCI in April 2015, which included the divestment of its Jojobera and Sonadih plants, with a cement …

Lafarlcim to sell Indian assets to Birla Corp. | Agg-Net

In that context, a package of assets for divestment was agreed with the CCI, comprising the Sonadih cement plant and Jojobera grinding station in eastern India. The two plants, both currently operated by Lafarge India, have an annual cement capacity of 5.15 million tonnes. The transaction with Birla Corporation Ltd, which will be submitted to ...

Lafarlcim sells India cement works to Birla for $767 mn

"As announced in April 2015, Lafarlcim has received conditional clearance from the CCI," the company said, adding that it was divesting in assets including the Sonadih cement plant in central India and another plant at Jojobera in the east operated by Lafarge India.

Tribunal stays Lafarge's India asset sale | VCCircle

According to media reports, private equity giant Blackstone Group and cement maker JSW are among the firms that had expressed interest in buying Lafarge India's assets. In April 2015, the CCI had asked Lafarlcim to divest some assets to complete the merger. In August, Lafarge India struck a deal with Birla Corp to sell its cement plants at ...

CCI clears Holcim-Lafarge merger with riders

CCI clears Holcim-Lafarge merger with riders. On 16 March, the plan to create the world's biggest cement company had been at risk of unravelling as both Holcim and Lafarge …

Reversal Of Trend – Birla Corp To Buy Two Units Of Lafarge ...

Birla Corp acquired Jojobera and Conadih cement plant from Lafarge for an enterprise value of INR 5000 crores which have a connection to the global merger of Lafarge from France and Holcim from Swiss had announced in April 2014 the industry's biggest-ever such deal.. The CCI, approval for Indian Lafarge-Holcim combination was subject to divestiture of Lafarge's Jojobera plant located in ...

Lafarlcim receives revised divestment order from India ...

Lafarlcim has received a revised order from the Competition Commission of India (CCI) to divest its interest in Lafarge India, including three cement plants …

Lafarge India to sell two cement plants - The Economic ...

1.5 X. 2 X. Playing in picture-in-picture. Lafarge India to sell cement plants in Jojobera and Sonadih and expects about Rs 3000 crores for the same. Follow @EconomicTimes.

Lafarge India names Ujjwal Batria as CEO | VCCircle

Lafarge India, the Indian arm of French cement producer Lafarge SA, has elevated Ujjwal Batria as chief executive officer (CEO) of the company effective June 22, 2015, according to a press release. Batria will take over the responsibility from Martin Kriegner, who has been named as area manager for Central Europe of Lafarlcim.

Lafarge-Holcim merger gets CCI approval; will have to ...

The CCI approval, however, came with a rider — both the firms will have to divest two cement plants to address monopoly concerns. CCI has decided that a divestiture of Lafarge's Jojobera plant in Jharkhand and the company's integrated …

Birla Corp-Lafarge India deal for cement units, brands off ...

The Lafarge India's plant at Sonadih in Chhittsgarh and the Jojobera unit in Jharkhand and the brands Concerto and PSC were up for sale following a verdict from the Competition Commission.

Lafarge-Holcim merger gets CCI approval; will have to ...

The CCI approval, however, came with a rider — both the firms will have to divest two cement plants to address monopoly concerns. CCI has decided that a divestiture of Lafarge's Jojobera plant in Jharkhand and the company's integrated unit at Sonadih in Chhattisgarh will be most effective in eliminating the concerns."

Lafarlcim gets CCI go-ahead for India divestment plan ...

The company had got a conditional clearance from CCI in April 2015 for its earlier divestment proposal, including the divestment of Jojobera and Sonadih plants in Eastern India with a cement capacity of 5.1 million tonnes. Lafarlcim subsequently entered into a letter agreement with Birla Corporation, subject to CCI approval, in August 2015.

Lafarge India: Latest News, Photos, Videos on Lafarge ...

Find Lafarge India Latest News, Videos & Pictures on Lafarge India and see latest updates, news, information from NDTV.COM. Explore more on Lafarge India.

Lafarlcim receive revised CCI divestment order | Agg-Net

Group to launch new divestment process for Lafarge India following revised order from Competition Commission of India. Lafarlcim have received a revised order of the Competition Commission of India (CCI) for the divestment of their interest in Lafarge India, including three cement plants and two grinding stations with a total capacity of around 11 million tonnes per annum.

Lafarlcim enters into agreement with Birla Corporation ...

As announced in April 2015, Lafarlcim has received conditional clearance from the CCI for the merger. In that context, a package of assets for divestments had been agreed with the CCI which includes the Sonadih cement plant and Jojobera grinding station in Eastern India currently operated by Lafarge India.

Sonadih: Latest News & Videos, Photos about Sonadih | The ...

Birla Corporation surges as company to acquire Jojobera and Sonadih cement from Lafarge India. A total of 19000 shares so far exchanged hands on the counter so far, compared with a 2-week average of 7167 on the BSE. more. 17 Aug, 2015, 04.01 PM IST.

Lafarge to quit India, puts entire 11 mtpa on the block ...

Global cement major Lafarlcim has put its entire 11 million tonne per annum annual capacity in India on the block after its deal with Birla Corporation (BCL) to sell 5.1-mtpa capacity hit a ...

Lafarlcim mulling divestment of cement factories - The ...

NEW DELHI: After scrapping the sale of two of its India cement plants to Birla Corp, Lafarlcim Ltd today said it is considering divestment of the Jojobera and Sonadih units. Lafarge had in August agreed to sell the two factories in Jharkhand …

Lafarlcim considers revised divestment plan in India

Lafarlcim Ltd(LHN.VX) ‍is reviewing its divestment plan in India after talks with Birla Corporation Limited (BCL)(BRLC.NS)for the sale of the Jojobera and Sonadih cement plants in Eastern ...

Lafarlcim receives revised CCI divestment order ...

The conditional clearance by the CCI for an earlier divestment proposal was received in April 2015; including the divestment of Jojobera and Sonadih plants in Eastern India with a cement capacity of 5.1 million tonnes. Lafarlcim subsequently entered into a letter agreement with Birla Corporation Limited, subject to CCI approval, in August 2015.

CCI - Cement industry news from Global Cement

India: Lafarge and Holcim have received clearance from the Competition Commission of India (CCI) for their proposed merger. A package of asset divestments has been agreed with the CCI which includes Lafarge's Sonadih cement plant and its Jojobera grinding station, with a total of approximately 5Mt/yr of production capacity, in Eastern India.

Lafarlcim ups stake in ACC, Ambuja Cements for $320 mn ...

In August last year, Lafarge India struck a deal with Birla Corp to sell its cement plants at Jojobera in Jharkhand and Sonadih in Chhattisgarh for an enterprise value of Rs 5,000 crore. The two plants have a total capacity of 5.1 million tonnes.

Reversal Of Trend – Birla Corp To Buy Two Units Of …

The company had got a conditional clearance from CCI in April 2015 for its earlier divestment proposal, including the divestment of Jojobera and Sonadih plants in Eastern India with a cement ...