<ul data-eligibleForWebStory="false"><li>Adani Group is leading the bid to acquire Jaiprakash with an unconditional bid of at least $1.4 billion.</li><li>Other companies like Dalmia Bharat Ltd, Jindal Steel & Power Ltd, and Vedanta Ltd also submitted bids with certain conditions.</li><li>Adani plans to fund the acquisition internally without external financing.</li><li>The acquisition, if approved, will mark a significant comeback for Adani in big ticket acquisitions and further strengthen its position in various sectors, including cement.</li></ul>

Adani nears $1.4 billion buyout of Jaiprakash in M&A comeback

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