 "Anil Agarwal, vedanta")
The Vedanta Resources announcement on Monday that it would delist from the London Stock Exchange (LSE) comes at a time when its Chairman Anil Agarwal is taking a back seat in the daily functioning of the group himself. Agarwal would, however, retain control through his personal trust Volcan Investment.
Announcing an all-cash offer by Volcan to its shareholders, the London-listed Vedanta Resources said the transaction could take place through a wholly-owned subsidiary of the trust which is offering 825 pence a share in addition to the previously announced dividend of $0.41. “When taken together, the offer price represents a total
