Vedanta steps up efforts to buy govt's stake in Hind Zinc
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02.01 Pm - Nifty Fut : Buy Zone
Srcs Vedanta is likely to increase offer to buy out government's stake in the company. Currently, Vedanta holds 64.92 percent and government 29.54 percent in Hind Zinc.
Vedanta , in a bid to up its stake from the current levels, has stepped up efforts to buy out government's stake in Hindustan Zinc (HZL),
Vedanta is likely to increase its offer to buy out government's stake in the company.
Currently, Vedanta holds 64.92 percent and government 29.54 percent in Hind Zinc.
Vedanta may have appointed advisors to advise on revised pricing. However, before making any revised offer with respect to Hindustan Zinc stake, nod from Vedanta PLC is required. In 2013, Vedanta had offered about USD 3,482 mllion to buy out government’s stake in HZL and Balco. The government currently holds 49 percent in Balco.
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Click Here & Register To Get 2 days Trial Tips
02.01 Pm - Nifty Fut : Buy Zone
Srcs Vedanta is likely to increase offer to buy out government's stake in the company. Currently, Vedanta holds 64.92 percent and government 29.54 percent in Hind Zinc.
Vedanta , in a bid to up its stake from the current levels, has stepped up efforts to buy out government's stake in Hindustan Zinc (HZL),
Vedanta is likely to increase its offer to buy out government's stake in the company.
Currently, Vedanta holds 64.92 percent and government 29.54 percent in Hind Zinc.
Vedanta may have appointed advisors to advise on revised pricing. However, before making any revised offer with respect to Hindustan Zinc stake, nod from Vedanta PLC is required. In 2013, Vedanta had offered about USD 3,482 mllion to buy out government’s stake in HZL and Balco. The government currently holds 49 percent in Balco.
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