Business Standard

ACC, OCL, Lafarge bid for Idcol Cement

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Dillip Satapathy Bhubaneswar
 The Orissa government has 87 per cent stake in the company while the rest 13 per cent is owned by UTI.

 Sources said that though six parties had responded to invitation of expression of interest for take over of the unit, only three of them- ACC, Lafarge and OCL had submitted financial bids.

 Meanwhile, the inter department core committee of the state government opened the bids for evaluation here today. However, the officials were tight lipped on the value of the offers made by various prospective buyers.

 

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First Published: Jul 30 2003 | 12:00 AM IST

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