Basic Industries

JSW Ispat is acquiring cement grinding facility of Heidelberg Cement India Limited located at Raigad, Maharashtra, adjacent to the company's steel plant. The acquisition will enable JSW Ispat Steel to develop a stable outlet for the evacuation of slag, a waste generated during the smelting and refining of ore, and create additional grinding facility for its consumption and disposal, mint stated.

Kingfa Sci & Tech, a Shangai Stock Echange listed plastic manufacturer is set to acquire controlling stake in Hydro S&S Industries- engineering plastics compounds producer in Chennai, ET states.

Peps India is planning to raise R200 Cr PE investment by selling majority stake in the company.

Lafarge plans to sell 14% stake in Lafarge India for R1400 Cr to Baring PE, BS states.

Goldman Sachs acquired 0.54% stake in the Rain Commodities through a bulk deal on BSE.

The Aditya Birla group is planning to sell its 25% stake in Tanfac Industries, a flourine chemical JV with the Tamil Nadu Industrial Development Corporation, TOI states.

Germany's DVB Bank is in advanced talks with Mauritius-based PE fund India Star to buy its a 29% stake in Global offshore for around R100 Cr, ETstates.

MPS Limited has acquired Element, LLC- in USA for total consideration of R10 Cr. The proposed acquisition will enhance MPS presence in US education publishing market.

Australia's Amcor plans to buy Murugappa Group's Packaging business Tuflex to expand its operations, according to TOI.