# Dalmia Cement bids for Emami Group's cement business

Dalmia Cement has submitted an expression of interest to acquire the Rs 6,000-crore cement business of Emami Group, with due diligence underway.

- Type: Acquisition
- Announced: 2019-09-12
- Where: India
- Value: $840.0M (60.0B INR)
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Dalmia Cement Bharat Limited](https://endata.com/companies/33826.md) (acquirer)
- [Emami Group](https://endata.com/companies/42058.md) (target)

## Sources

- [m.economictimes.com](https://m.economictimes.com/markets/stocks/news/dalmia-bharat-puts-in-bid-for-emamis-cement-business/articleshow/71089828.cms), 2019-09-12: "Puneet Dalmia-led Dalmia Cement has put in a bid to acquire the Rs 6,000-crore cement business of the Emami Group."

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