# Blackstone and Temasek in talks to buy stake in Wonder Cement

Blackstone Group and Temasek Holdings are in talks to buy a 15-20% stake in Wonder Cement for Rs 10 billion. The funds would be used to increase capacity from 6.75 mtpa to 11 mtpa by FY2019.

- Type: Acquisition
- Announced: 2018-12-01
- Where: Rajasthan, India
- Value: $140.0M (10.0B INR)
- Status: rumored
- Capacity: 11 million tonnes per annum (planned)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (investor)
- [Temasek Holdings](https://endata.com/companies/18585.md) (investor)
- [RK Group](https://endata.com/companies/30813.md) (partner)
- [Wonder Cement](https://endata.com/companies/33822.md) (target)

## Sources

- [constructionworld.in](https://www.constructionworld.in/gold/cement-news/Blackstone-Temasek-may-acquire-Wonder-Cement-stakes/19927), 2018-12-01: "Blackstone Group and Temasek Holdings are in talks to buy 15-20 per cent stake in Wonder Cement"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.