India's Adani Enterprises says not evaluating plans to buy Jaiprakash Associates cement unit
14/10/2022 10:15
BENGALURU, Oct 14 (Reuters) - Indian billionaire Gautam
Adani-led Adani Enterprises Ltd ADEL.NS on Friday said it was
not evaluating a proposal to acquire Jaiprakash Associates Ltd's
JAIA.NS cement business. urn:newsml:reuters.com:*:nFWN31F10X
The Adani Group made the disclosure in a stock exchange
filing after a Bloomberg News report from earlier this week said
the conglomerate was in talks to buy the cement unit for $606
million.
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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