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Orient Cement to acquire 2 units from Jaypee for Rs 1,946 crore. CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore.

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CAM, Vaish lead on Orient Cement's acquisition of Jaypee

Source Bar and Bench. Orient Cement, a firm owned by the Chandra Kant Birla group, is acquiring a 74 per cent stake in Bhilai Jaypee Cement and Nigrie cement grinding unit from Jaypee group at an enterprise value of Rs. 1,950 crore.

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