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HeidelbergCement plans acquisition

Monday, 05 Apr 2010
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HeidelbergCement India is planning to infuse Rs 800 crore for acquisition of mid-size companies in India as it plans to double annual capacity to six million tonne in the next two years.

According to sources, the company is in talks with a Gujarat based firm and a Rajasthan based company and that the annual production capacity of these companies is in the range of three-seven million tonne.

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