LafargeHolcim Ltd. (SWX:LHN), which is selling Lafarge's India assets to meet a regulatory requirement, has shortlisted at least six groups, either individually or in a consortium, and will now invite binding offers from them, two people familiar with the matter said. The companies shortlisted include Piramal Enterprises Limited (BSE:500302), The Goldman Sachs Group, Inc. (NYSE:GS), JSW Energy Limited (BSE:533148), CVC Capital Partners Limited, CRH plc (ISE:CRG), The Blackstone Group L.P. (NYSE:BX), Canada Pension Plan Investment Board (CPPIB), Ramco Group Ltd. and The Carlyle Group LP (NasdaqGS:CG), said one of the two people cited above who has direct knowledge of the matter. On June 1, 2016 Lafarge reportedly has shortlisted five bidders for the sale of its India assets.

According to sources close to the development, Mexico's CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO), China's Anhui Conch Cement Co. Ltd. (SEHK:914), JSW Cement, Piramal Enterprises and Nirma Limited figured in the list of bidders shortlisted by the company. They are expected to make binding offers by the end of July, 2016.