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Sunday, October 21, 2018

Vedanta open to raising offer price for Essar Steel

Anil Agarwal said that Vedanta's Rs 35,000-36,000 crore offer in the first round of bidding for Essar Steel was higher than the bids made by the other two contestants, Arcelor Mittal and Russia's VTB Capital-backed NuMetal. On revising his offer price, Agarwal said he was “open to everything” but will wait and see how the other two rivals act.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2S1nEwj
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