Birla Corp among top contenders to buy Reliance Infra's cement business
Reliance Infrastructure is in advanced stage of negotiations to sell its cement business in an about Rs 5,000-crore deal and MP Birla Group firm Birla Corporation is one of top three potential buyers. Besides Birla Corp, private equity firms Blackstone and Baring are the other top contenders, people in know of the development said.
Reliance Infrastructure is in advanced stage of negotiations to sell its cement business in an about Rs 5,000-crore deal and MP Birla Group firm Birla Corporation is one of top three potential buyers. Besides Birla Corp, private equity firms Blackstone and Baring are the other top contenders, people in know of the development said.
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