Countering Grupo Mexico

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Sterlite hikes Asarco bid by $500 mn

Countering Grupo Mexico's bid to acquire US-based bankrupt miner Asarco, Vedanta Resources group firm Sterlite Industries today said it has increased the cash component of its offer by about $500......

Harbinger backs Sterlite in Asarco acquisition

Sterlite Industries, the flagship firm of London-listed Vedanta, may get the support of rival bidder Harbinger Capital Partners in its takeover plan for the bankrupt US copper mining firm, Asarco.......

Grupo Mexico counters Sterlite, again

The takeover battle for United States copper miner Asarco continues to rage, as its estranged parent Grupo Mexico has offered $1.3 billion to counter Sterlite Industries' offer for the second time.......

Rivals to counter Sterlite's revised bid

Sterlite's revised offer to acquire Asarco may see fresh rival bids as the valuation of the bankrupt US copper miner fell in line with the commodity prices. "We are in hot and heavy discussions......

Mittal's Bulgarian plant takeover plan hit

Steel tycoon Lakshmi N Mittal's move to revive and take over the sick steel plant of his brother, Pramod Mittal, in Bulgaria is facing hurdles after a major trade union representing over 2,000......

Rediff News

Countering Grupo Mexico

News for Countering Grupo Mexico

Sterlite hikes Asarco bid by $500 mn

Harbinger backs Sterlite in Asarco acquisition

Grupo Mexico counters Sterlite, again

Rivals to counter Sterlite's revised bid

Mittal's Bulgarian plant takeover plan hit

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