Holcim Lanka operates one integrated plant and one grinding plant and is the country's leading cement manufacturer. The proceeds from the sale of the divestment business will be used to further reduce debt. Earlier this month, the company had ... Nasdaq, 1 month ago
Holcim pull out does not augur well for country - top corporate personality - Sri Lanka Daily News, 3 weeks ago
Lafarge to Sell More Chinese Assets as CEO Aims to Boost Margins - Swiss Info, 3 weeks ago
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The cement deal marks a second coming for Karsanbhai Patel, whose Nirma detergent took on HUL's Surf in the 1980s, before fading away in the last decade or so Ahmedabad: With his audacious $1.4 billion bid to buy a 100% stake in Lafarge India from ...Livemint.com, 1 month ago Karsanbhai Patel: India's detergent man, now cementing Nirma future Business Standard India, 1 month ago How Hiren Patel, the son of Nirma founder Karsanbhai Patel revitalises the group Economic Times, 1 month ago Profile of Karsanbhai Patel: The man who nurtured brand Nirma like his daughter Business Standard India, 1 month ago
Ahmedabad-headquartered soda ash and chemicals maker Nirma has been striving to firm up its base in the cement business without much success and the Lafarge deal, though expensive, proves to be a strategic fit in scaling up its capacity ...Moneycontrol.com, 1 month ago Nirma pips bigger rivals to cement $1.4 bn pact with Lafarge | The man behind the deal Economic Times, 1 month ago
For decades, Nirma has been synonymous with low-cost detergents and soaps in India. Its advertising jingle is so iconic it is hummed as a reflex action by Indians of a certain age every time reference is made to washing power. This week, however, ...Quartz, 1 month ago Nirma cements $1.4-bn Lafarge India buyout Smart Investor, 1 month ago Nirma acquires Lafarge assets for $1.4 billion The Financial Chronicle, 1 month ago Nirma washes away competitors in Lafarge India bid Business Standard India, 1 month ago
Ahmedabad, Jul 11 (UNI) Gujarat based Nirma Limited has entered into a letter of agreement with LafargeHolcim Group, a leading name in cement, aggregate and concrete business across 90 countries, for the acquisition of 100% shareholding of Lafarge ...United News of India, 1 month ago Gujarat based Nirma to acquire cement major Lafarge India paying 9000 crore DeshGujarat, 1 month ago
JAMSHEDPUR, July 20 -- The East Singhbhum district administration has sent a notice to international building material manufacturer LafargeHolcim reminding them they have to seek state government approval before selling to Nirma Ltd its Jojobera ...HT Syndication, 1 month ago
As it loses market share in washing powder, it hopes to catch up with the big cement manufacturers in India with the Lafarge deal Six years since its de-listing from the stock exchanges, Karsanbhai Patel-led Nirma is back in the news, this time for a maverick deal that it hopes will catapult it to the top league of the cement business in the country. Has Hiren Patel, Karsanbhai’s younger son and the man behind the Rs 9,400-crore (Rs 94-billion) Lafarge deal, inherited the spunk of his ...Rediff.com, 1 month ago
Giant killer Karsanbhai Patel of Nirma seals Rs 9.3K crore Lafarage cement deal at 71: Read his story
Nirma's Karsanbhai Patel is in the news once again after bagging cement assets of LafargeHolcim for Rs 9,300 crore, beating larger rivals like JSW Cement and the Ajay Primal Group Beating larger rivals has been something Patel could be credited to ...Financial Express, 1 month ago 'Giant killer' Karsanbhai Patel of Nirma seals Rs 9.3K crore Lafarge cement deal at 71: Read his story Financial Express, 1 month ago
Nirma on Monday bagged the 11-million-tonne cement assets of LafargeHolcim for an enterprise value of $1.4 billion (R9,300 crore), beating larger rivals like JSW Cement and the Ajay Primal Group for the plants located largely in eastern India.Financial Express, 1 month ago Karsanbhai Patel inks Rs 9,300 cr deal with Lafarge Holcim MSN News US, 1 month ago
Indian conglomerate Nirma has acquired the Indian arm of Franco-Swiss cement group LafargeHolcim for £1.4bn. Freshfields Bruckhaus Deringer served as international adviser to LafargeHolcim for the £1.4bn transaction, alongside local advice from ...The Global Legal Post, 1 month ago Pinsent Masons advises Nirma on $1.4bn acquisition of LaFarge India Legal Monitor, 1 month ago
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