Agency News

⚡Vedanta Raises USD 1.4 Billion to Retire Debt

By PTI

The company did not give details. An email sent to the company remained unanswered. The USD 400 million from OCM Verde XI Investment Pte Ltd will be used for the acquisition of up to 11.5 per cent shares in Vedanta Ltd by Vedanta Holdings Mauritius II Limited and payment of any fees, costs and expenses in connection with the transactions contemplated.

Read Full Story
Read All QuickLY