Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates

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Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates - Business Standard

Quick Summary:

Billionaire Gautam Adani's group, mining mogul Anil Agarwal's Vedanta, and yoga guru Baba Ramdev's Patanjali Ayurveda are among the 26 suitors looking to acquire Jaiprakash Associates.

Jaypee Group's Jaypee Infratech has already been acquired by Mumbai-based Suraksha Group through an insolvency process.

It also has investments in subsidiaries, including Jaiprakash Power Ventures Ltd, Yamuna Expressway Tolling Ltd, Jaypee Infrastructure Development Ltd and several other companies.