NRI billionaire Anil Agarwal-led Sterlite Industries announced that it will compete with any rival bidder to buyout America’s third biggest copper producer Asarco, for which it has already offered $1.7 billion, and declared that it sees the deal getting sealed in the next 3-4 months. Vedanta Resources Deputy Executive Chairman Navin Agarwal stated: There always [...]
Mining investment company Zambia Copper Investments Ltd. confirmed on Friday it had made a binding $22.5 million offer for exploration and development company African Copper. For full story, click here
As per a research agency reports, Sterlite Industries 1.7 billion dollars proposed acquisition of America’s third largest copper producer Asarco may face rival bids, even if it has entered into a buyout agreement with the US-based company. For full story, click here
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