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Adani Group Says No Plans To Buy Jaiprakash Associates' Cement Unit
14 Oct 2022, 03:03 PM IST
Indian billionaire Gautam Adani-led Adani Enterprises Ltd on Friday said it was not evaluating a proposal to acquire Jaiprakash Associates Ltd's cement business.
The Adani Group made the disclosure in a stock exchange filing after a Bloomberg News report from earlier this week said the conglomerate was in talks to buy the cement unit for $606 million.
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