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Adani Group highest bidder for Jaiprakash Associates; leads race to acquire JAL: Report

IndiaTimes Friday, 4 July 2025 ()
Adani Group has emerged as the frontrunner to acquire Jaiprakash Associates with a bid of Rs 12,500 crore, amidst competition from other major players. The financially strained infrastructure firm received six resolution proposals aimed at taking over the entire company, which holds significant real estate assets and hospitality establishments.
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