On Monday, the Birla Corporation said that it will be acquiring two cement units from Lafarge India, having capacity of 5.15 million tonnes per annum for Rs 5,000 crore.

In a filing to BSE Birla Corporation said that “it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall acquire both the Jojobera and Sonadih cement businesses (Acquisition business) from Lafarge India for an Enterprise Value of Rs 5,000 crore”.

It added, “Acquisition business has a cement capacity of 5.15 million tonnes per annum.”

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