UltraTech Cement agreement with Jaypee Group

13/10/2016 , by , in News/Views

UltraTech Cement agreement with Jaypee Group

The flagship cement company of Aditya Birla Group, UltraTech Cement, edged out determined rivals and struck a deal to bag the cement assets of Jaypee Group with a last-minute increase in acquisition price. UltraTech will now buy Jaypee Group’s cement operations that have a total capacity of 17.2 million tonnes per annum (MTPA) spread across Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh.

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