Irish Giant Enters India
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April 11, 2008 at 8:00 PM
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Irish building materials giant Cement Roadstone Holdings has bought a 50 percent stake for $450 million in a rapidly growing cement manufacturer, My Home Industries Ltd. Hyderabad-based My Home produces 3.2 million tons of cement annually. For Dublin-based CRH, Ireland’s largest industrial company, this is the first Indian acquisition.
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