Brief: Orient Cement to acquire Nigrie cement grinding unit of Jaiprakash Power Ventures
06/10/2016 11:03
Oct 6 (Reuters) - Orient Cement Ltd:
* Orient Cement Ltd says appproved acquisition of Nigrie
cement grinding unit of Jaiprakash Power Ventures Ltd
* Orient Cement Ltd says deal for a consideration of 5
billion rupees
* To acquire 281 million shares of Bhilai Jaypee Cement Ltd
from Jaiprakash Associates
* To acquire 752 shares of Bhilai Jaypee Cement Ltd from
nominee of Jaiprakash Associates
Source text: (http://bit.ly/2dMRX5X)
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(Bengaluru Newsroom)
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