India: JK Organisation and Nirma Group have submitted non-binding offers to acquire 40 - 72% stakes in Sanghi Cement. The Economic Times newspaper has reported that promoters value the company at US$726m.
Shree Cement also previously entered non-binding talks to acquire Sanghi Cement on 29 April 2023.
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URL: https://globalcement.com/news/item/15828-sanghi-cement-receives-further-offers-to-acquire-stake
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