Shree Cement-JP Associates’ Rs. 360 Cr Deal
  • Natasha Patidar
  • Aug 26 2014

August 26: Shree Cements is set to acquire Jaiprakash Associates' 1.5 million tonne grinding unit at Panipat for 360 crore. The Jaypee group has been selling most of its cement assets to reduce its debt. To discuss the deal and the rationale behind this move, Bloomberg TV India spoke to H.M. Bangur, MD at Shree Cements.