CRH terminates negotiations in India

CRH has announced that negotiations with Jaypee Cement Corporation (Jaypee) regarding the possible purchase by CRH of an equity stake in Jaypee’s Gujarat cement business have been terminated as the parties were unable to agree terms. CRH acknowledges the cooperation of the Jaypee management team throughout the negotiations and due diligence process.
October 10, 2012 Read time: 1 min

723 CRH has announced that negotiations with Jaypee Cement Corporation (Jaypee) regarding the possible purchase by CRH of an equity stake in Jaypee’s Gujarat cement business have been terminated as the parties were unable to agree terms.

CRH acknowledges the cooperation of the Jaypee management team throughout the negotiations and due diligence process.

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