Five final contenders to buy Lafarge India

Ajay Piramal Group, Nirma and Sajjan Jindal-led JSW Cement have emerged as the strongest contenders to acquire Lafarge´s entire India cement portfolio. Mexico´s Cemex and China´s Anhui Conch Cement Company, the largest cement makers in the US and Mainland China have also bid for the same. Earlier this year, LafargeHolcim had agreed to sell its entire 11 mtpa operations after regulatory hurdle over transfer of mines came in between its earlier plans to divest just two of its assets to Birla Corp for Rs 5,000 crore.