Home Business Adani Group says no plans to buy cement unit of Jaiprakash Associates

Adani Group says no plans to buy cement unit of Jaiprakash Associates

Adani Enterprises says Jaiprakash Associates not evaluating plans to buy cement units

Bengaluru:

Indian billionaire Gautam Adani-led Adani Enterprises Ltd on Friday said it is not evaluating a proposal to acquire the cement business of Jaiprakash Associates Ltd.

Earlier this week, a Bloomberg News report came after the Adani Group disclosed in a stock exchange filing that the group was in talks to buy a cement unit for $606 million.

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