News for 'countering-grupo-mexico'

Sterlite hikes Asarco bid by $500 mn

Sterlite hikes Asarco bid by $500 mn

Rediff.com20 Aug 2009

Countering Grupo Mexico's bid to acquire US-based bankrupt miner Asarco, Vedanta Resources group firm Sterlite Industries today said it has increased the cash component of its offer by about $500 million to nearly $2.1 billion.