Orient Cement calls off Rs 2,000 cr deal to acquire 2 ...
May 31, 2018· NEW DELHI: In a setback to crisishit Jaypee group, the CK Birla Group firm Orient Cement has terminated its Rs 1,946crore deal to acquire Jaiprakash Associates Ltd''s (JAL) two firms Bhilai Jaypee Cement and Nigrie Cement Grinding Unit. The deal has been terminated as both parties failed to complete the transactions within the stipulated 12 months time, according to regulatory filings.