Baring Asia invests $256m in Lafarge India
Baring Private Equity Asia will acquire a 14% stake in the Indian subsidiary of French building materials maker Lafarge, for INR14 billion ($256 million).
The capital raised will help fund the expansion of Lafarge India in all its product lines: cement, aggregates and concrete. Lafarge has four cement plants in the country, and is market leader in the ready-mix...
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