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Anil Agarwal weighs merger of holding company with cash-rich India unit

The businessman has held preliminary discussions with prospective advisers about the idea of combining Vedanta Resources Ltd. with Vedanta Ltd.

Topics
Vedanta Resources | Anil Agarwal | Mining industry

Baiju Kalesh & Dinesh Nair | Bloomberg 



Sterlite Power Transmission Ltd. is controlled by billionaire Anil Agarwal. (Photo: Bloomberg)
Vedanta group chairman Anil Agarwal. (File photo). (Photo: Bloomberg)

Indian billionaire is considering a potential merger of his commodity empire’s indebted holding company with cash-rich listed unit Vedanta Ltd., people familiar with the matter said.

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First Published: Thu, February 03 2022. 06:23 IST

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