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GIC, Temasek, Blackstone, Barings Asia PE, others vie for LafargeHolcim India cement units

GIC, Temasek, Blackstone, Barings Asia PE, others vie for LafargeHolcim India cement units

Advisors to the sale of Franco-Swiss cement maker LafargeHolcim’s 11-million tonne (mt) cement capacity in India are expecting at least seven to eight bids for the assets as the firm nears the deadline for submission of non-binding bids, said three people familiar with the process.

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