JSW taps Carlyle to back bid for Holcim's Indian cement operations - Economic Times
4/20/2022 12:00:00 AM3 yearsago
by Arijit Barman
by Arijit Barman
JSW, one of the strong contenders in the fray, is busy organising both equity and debt financing for the multi-billion transaction which, as per industry estimates, could cost Rs 52,000 crore ($7 billion), but may even go as high as Rs 80,000 crore ($10.6 bil…
Sajjan Jindal-led JSW Group has initiated discussions with private equity (PE) firm Carlyle to join forces and back its bid for Holcims Indian cement operations, said people aware of the matter. Hol… [+5334 chars]
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