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french company into cement grinding chemicals india 1

Sep 15 2016 Nirma which in July had agreed to buy the cement business of the French major Lafarge India today raised Rs 4000 crore debt to fund the deal making it the largest rupee bond sale for a leveraged buyout The Rs 4000crore fiveyear bond sale by Nirma offers a yield of 868 per cent was oversubscribed 15 times