Posted On: 02/27/2012 4:40:56 AM
Post# of 780
Sesa Goa, Sterlite Combine to Reduce Debt of Parent Vedanta
Sesa Goa Ltd. and Sterlite Industries (India) Ltd., controlled by billionaire Anil Agarwal, will combine to reduce the debt of parent Vedanta Resources Plc, which paid $8.67 billion to buy Cairn India Ltd. in December.
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