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Indiabased Jaypee Group is to offload the remainder of its cement business with disposals expected to be concluded by March, Business Standard (India) reported citing sources familiar with the deal. The proceeds will be used by Jaiprakash Associates to retire a part of its ~INR61,285 crore debt ...
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Shree Cement to acquire Jaiprakash Associates' Panipat ... VCCircle. Aug 25, 2014 ... This marks another deal by Jaypee Group to sell assets to pare debt. ... Shree Cement Ltd has signed a deal to acquire a cement grinding unit of Jaiprakash Associates Ltd located ... In September last year Jaypee Cement had sold off two units with a ....
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