Lafarge, the world's biggest cement maker, said it agreed to buy Larsen &amp; Toubro's Ltd(L&amp;T's) ready-mix cement concrete business for an enterprise value of Rs 1,480 crore ($349 million) as part of its plan to expand into emerging market and esatblish its leadership in India.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Lafarge will buy 66 concrete plants of L&amp;T located in key markets including in Delhi, Kolkata, Mumbai and Bangalore with total estimated volumes of 4.1 million metric cubic capacity in 2008.</P></p><p class='TableClas'></p></table>


Lafarge, the world's biggest cement maker, said it agreed to buy Larsen & Toubro's Ltd(L&T's) ready-mix cement concrete business for an enterprise value of Rs 1,480 crore ($349 million) as part of its plan to expand into emerging market and esatblish its leadership in India.

Lafarge buys L&T business for $349 million

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