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Tag Archive for 'binani industries'

Binani Industries To Sell 40% Stake In Cement Business

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Binani Industries is in talks to divest up to 40% stake in Binani Cement, its subsidiary, with financial investors like JP Morgan and other Middle- East state owned funds to raise its capital by reducing debts and expanding cement capacities. According to sources, Braj Binani Group’s banker, Ernst & Young (E&Y) has already started preliminary […]


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