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VERIFIEDET Finance·neutral
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bid
AI Summary
- ·Ambuja Cements submitted a bid of Rs 580 crore for Jaypee Cement.
- ·The bid is below Jaypee Cement's liquidation value.
- ·Lenders are in discussions with Ambuja Cements for a better offer.