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Binani Cement creditors approve bid backed by Bain Capital

2018-03-16 livemint
Mumbai: An investor group backed by Bain Capital won the support of Binani Cement Ltd.’s lenders as it seeks to take over the insolvent Indian company. (1-0)

News Live: China Jan factory growth dips to 8-month low as pollution war bites

2018-01-31 moneycontrol
The social divide revealed by Britain’s 2016 vote to leave the European Union is not only here to stay but deepening, reports Reuters. Think tank The UK in a Changing Europe said Britons were unlikely to change their minds about leaving the EU, despite the political and economic uncertainty it has brought, because attitudes are becoming more entrenched. “The (Brexit) referendum highlighted fundamental divisions in British society and superimposed a leave-remain distinction over them. (46-0)

Dalmia Bharat submit plan to buy KCL in Rs 353 cr

2018-01-31 moneycontrol
Cement maker Dalmia Bharat is set to buy Bihar-based Kalyanpur Cement in a Rs 353 crore bid.

JSW Cement to bid for Binani Cement

2018-01-15 thehindubusinessline
JSW Cement Ltd, a part of Sajjan Jindal’s $11 billion JSW Group, will partner with a global private equity (PE) player to bid for debt-laden Binani Cement on Monday.

JSW to bid in partnership with a global PE player for Binani Cement today

2018-01-14 business-standard
JSW Cement will make a bid on Monday in partnership with a global private equity (PE) player for debt-laden Binani Cement. The bid deadline for Binani is Monday. JSW Cement managing director Parth Jindal said the PE entity would have a majority in the proposed entity. He declined to divulge the name. He also said the bidding for Binani was expected to be aggressive, as at least 11 companies were likely to put bids. (2-0)

Kalyanpur Cements announces cessation of BIFR nominated director

2017-02-04 indiainfoline
Accordingly, Ashok Kumar Dutta, appointed by BIFR as Special Director has ceased to be member of the Board of Directors of the Company.