Dalmia Bharat to buy Jaypee Group's cement biz for $685m

Dalmia Bharat to buy Jaypee Group's cement biz for $685m

Photo: Bloomberg

Dalmia Cement (Bharat), on Monday said it has signed a deal to buy clinker, cement and power plants from Jaiprakash Associates for $685.5 million (Rs. 5,666 crore), as the firm looks to expand its cement footprint in India.

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