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2023

Vedanta weighs stake sale option, in talks with banks: Reports

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Mining mogul Anil Agarwal is weighing a stake sale in Vedanta as a last-resort option and is studying the possibility of selling less than 5 per cent of the company, news agency Bloomberg reported on Thursday. In order to soothe investor concern over the company’s liquidity and ability to repay upcoming obligations, Vedanta Resources has already slashed its net debt by $2 billion this year














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