ABG to sell stake in cement biz
Cement

ABG to sell stake in cement biz

Amongst India’s top private sector ship builder, ABG Group is negotiating with private equity and financial firms to sell a minority stake in its cement business for about $150 mn. The company’s cement business, operating under ABG Cement, has a 6.5 mn tonne facility in Kutch, Gujarat, which is expected to be commissioned in a few weeks. The 27-year-old enterprise forayed into the cement business a few years ago.
 
Contact: ABG Cement.
E-mail: info@abg cement.com
Website: ww.abgcement.com

Amongst India’s top private sector ship builder, ABG Group is negotiating with private equity and financial firms to sell a minority stake in its cement business for about $150 mn. The company’s cement business, operating under ABG Cement, has a 6.5 mn tonne facility in Kutch, Gujarat, which is expected to be commissioned in a few weeks. The 27-year-old enterprise forayed into the cement business a few years ago.  Contact: ABG Cement.E-mail: info@abg cement.com Website: ww.abgcement.com

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