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| Vedanta Resources India makes an open offer for a 10% stake in the unit |
Vedanta Resources, led by billionaire Anil Agarwal, has announced an open offer to acquire a 10% stake in Vedanta. Parents have offered to buy 37.2 crore equity shares on 160 Apaches, a discount of 12% on the current market price. It acquired a stake of around 5% in Vedanta in December through wholesale deals to 55.1%.
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