Vedanta Resources PLC (VED.L)
21 Sep 2018
* Volcan gets valid acceptance for 92.31 pct of Vedanta's shares
Sept 3 Vedanta Resources Plc Chairman Anil Agarwal will take the London-listed miner private on Oct. 1, after the holders of 26 percent of shares agreed to sell the shares to his family trust Volcan Investments.
NEW DELHI India's environment court said on Monday an independent judicial committee would decide in about six weeks whether to allow Vedanta Ltd to reopen its copper smelter, which was shut by the southern state of Tamil Nadu on environmental grounds.
Aug 6 Miner Vedanta Resources Plc, set to be taken private by Chairman Anil Agarwal, reported on Monday a 26.3 percent rise in quarterly core earnings on higher aluminium production and commodity prices, and said it was hopeful of restarting its copper smelter in India.
Vedanta Ltd on Tuesday reported a 2 percent rise in first-quarter profit, but missed analysts' estimates, as closure of its copper smelter in South India offset higher volumes at its aluminum and oil & gas businesses.
Vedanta Resources Plc Chairman Anil Agarwal's family trust on Tuesday offered about $1 billion in cash to take the London-listed miner private.
July 31 Vedanta Resources Plc Chairman Anil Agarwal's family trust on Tuesday offered about $1 billion in cash to take the London-listed miner private.
July 31 Vedanta Resources Plc said on Tuesday Chairman Anil Agarwal's family trust, Volcan Investments, made a firm offer to buy Vedanta stake it did not already own in a deal that values the mining conglomerate at $3.07 billion.
July 31 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON Billionaire Anil Agarwal has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion), the London-listed miner said on Monday.