Attractive bid by Grupco
by Admin on Jul.28, 2010, under attraction
Mexican mining company Grupo Mexico is offering 1.3 billion in cash to outbid the London listed Vedanta Resources for acquiring its bankrupt US copper subsidiary Asarco. The Indian based Sterlite Industries, an arm of the London company had earlier offered $1.7 billion of which $1 billion was
in cash for the same.
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