Business

What Brokerages Made Of Dalmia Bharat’s Jaypee Cement Acquisition

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Dalmia Bharat Ltd. entered into agreements on Monday to acquire the cement and power assets of the Jaypee Group for a total of Rs 5,666 crore.The Jaypee Group, formally known as Jaiprakash Associates Ltd., will sell its clinker, cement, and power plants to the Dalmia Bharat Group, which amount to a cement capacity of 9.4 million ton, a clinker capacity of 6.7 million ton and thermal power plants of 280 megawatts.”The acquisition will…



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