01-01-1970 12:00 AM | Source: Reuters
India`s Adani Enterprises says not evaluating plans to buy Jaiprakash Associates cement unit
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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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