Vedanta Resources India makes an open offer for a 10% stake in the unit

 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%.