Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 14, 2022

Adani Group Says No Plans To Buy Jaiprakash Associates' Cement Unit

Adani Group Says No Plans To Buy Jaiprakash Associates' Cement Unit
Adani Enterprises says not evaluating plans to buy Jaiprakash Associates cement unit

Indian billionaire Gautam Adani-led Adani Enterprises Ltd on Friday said it was not evaluating a proposal to acquire Jaiprakash Associates Ltd's cement business.

The Adani Group made the disclosure in a stock exchange filing after a Bloomberg News report from earlier this week said the conglomerate was in talks to buy the cement unit for $606 million.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search