UltraTech revises deal for Jaypee Group’s cement assets
UltraTech cuts price for Jaypee's cement assets by Rs600 crore; Karnataka assets have been dropped from the deal
Mumbai: UltraTech Cement Ltd has revised the price at which it will buy the cement division of Jaiprakash Associates Ltd to ₹ 15,900 crore from ₹ 16,500 crore while signing a definitive agreement for the purchase. The final price has been revised as Jaiprakash’s Karnataka cement assets have been dropped from the deal.
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