Announcement

Tuesday, July 12, 2011

Madras Cement in talks to sell Bengal unit

Madras Cements, the flagship enterprise of Chennai based Ramco Group is holding talks with European giants Lafarge and Holcim to divest its cement grinding unit in West Bengal for roughly INR 350 crore.

Sources briefed on the matter that PE giant KKR backed Dalmia Cements had evinced early
 

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