NBCC to acquire Jaypee Infratech for $3.1bn.

Synopsis

NBCC, a provider of construction and engineering services, agreed to acquire Jaypee Infratech, a provider of construction services, for $3.1bn. In its bid, NBCC had proposed to complete over 20,000 pending flats in housing projects launched by Jaypee Infratech in Noida and Greater Noida (Uttar Pradesh).

Principals

target

Jaypee Infratech

bidder

NBCC

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Market Context

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Seller Team (1)

shri jaiprakash gaur

Director at JAYPEE INFRATECH

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

mary butler

President and CEO at NBCC

Manager

bidder

Deal

n/a

Total Value

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