Vedanta Ltd. Is Preparing to De-Merge Sprawling Operations
(Bloomberg) -- Vedanta Ltd. is nearing a deal to spin off businesses into several listed entities in a broad restructuring that, if successful, could help tycoon Anil Agarwal manage his metals-to-energy empire’s debt load, people familiar with the matter said. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal With Peloton for Fitn
Source: yahoo.com