India: JSW Cement has entered the competition to acquire a 38% stake in Orient Cement from the CK Birla Group, against UltraTech Cement and Adani Group. UltraTech Cement is reportedly in advanced discussions with CK Birla, having proposed a share price range of US$4.18 - 4.48, which places the enterprise value at US$872m-931m. The Adani Group has also expressed interest in acquiring Orient Cement, although their negotiations have been hindered by valuation disputes and environmental clearance issues.
JSW Cement joins race to acquire stake in Orient Cement
Acquisition
Cemex
China
CO2
coronavirus
data
decarbonisation
Export
France
Germany
Government
grinding plant
HeidelbergCement
Holcim
Import
India
Investment
LafargeHolcim
Mexico
Nigeria
Pakistan
Plant
Product
Production
Results
Sales
Sustainability
UK
Upgrade
US
| « | May 2025 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |
