Aditya Birla Group revives talks to buy Jaypee Cements’ Gujarat assets for $814M

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Kumar Mangalam Birla-led Aditya Birla Group has once again revived its plans to snap up Gujarat-based cement units of Jaypee Cements for an enterprise valuation of Rs 4,300 crore ($814 million), according to sources privy to the development. The deal, if sealed, would strengthen Aditya Birla Group’s position as the ......