- Sterlite sweetens Asarco bid; stock up 1%
Shares of Sterlite Industries took a beating Thursday after the company raised its offer for bankrupt US copper miner Asarco LLC, making a ...
- Sterlite matches Grupo's Asarco bid
Sterlite Industries and Grupo Mexico continued their seemingly endless rounds of bid and counter-bids for Asarco, with the Indian company m...
- Sterlite sweetens offer price for Asarco assets
The battle for US copper mining firm Asarco is expected to be over by the end of this month with the bidders, Sterlite Industries and Grupo...
- Grupo Mexico revises Asarco bid offer again
Grupo Mexico has revised its offer to outbid rival Sterlite Industries in the race to acquire US-based copper miner Asarco.
- Grupo Mexico sweetens offer for Asarco
Grupo Mexico has sweetened its counter offer for ailing US copper miner Asarco, which slipped out of its control 10 years ago, as it aims t...
- Grupo Mexico's $1.6 bn bid rivals Vedanta's offer for Asarco
Competing with Vedanta Resources, Grupo Mexico has come up with a $1.6 billion reorganisation programme for regaining control of its bankru...
- Grupo Mexico appeals against Asarco verdict
Grupo Mexico, the lone contender for Sterlite Industries in the race to acquire US-based mining company Asarco, has appealed in a bankruptc...
- NRI-led Sterlite may face $2.6 billion suit
NRI billionaire Anil Agarwal-led Sterlite Industries faces a potential $2.6-billion lawsuit if it loses out in the race to acquire US coppe...
- Sterlite falls 3% as Grupo Mexico outbids Vedanta for Asarco
Shares of Sterlite Industries were under pressure Wednesday after mining giant Grupo Mexico outbid Vedanta Resources for acquiring bankrupt...
- Fight for Asarco hots up
Fight to take over US-based copper mining company Asarco, which had appeared to be settled in favour of Anil Agarwal-controlled Sterlite In...
- Sterlite lowers Asarco bid by $500 mn
Speculation is rife that Sterlite Industries has shown renewed interest in buying America’s copper major Asarco for $2.1 bn, which is $500 ...
- Sterlite may walk away from Asarco acquisition
Sterlite Industries, a unit of Vedanta Resources, has sought a reduction in its earlier valuation for copper miner Asarco, due to the liqui...
- Sterlite won't complete $2.6 bn buyout: Asarco
Copper miner Asarco said its $2.6 bn sale to Sterlite Industries Ltd is in doubt after Sterlite said it was backing out of the deal.
- Sterlite seeks revaluation of Asarco due to liquidity crisis
Sterlite's move to revise downward Asarco's valuation and the tight liquidity conditions currently prevailing globally have also fuelled sp...
- Green tremors may rock Sterlite's Asarco bid
Two members of the US House Judiciary Committee are the latest to join the chorus against Sterlite Industries’ proposed acquisition of the ...
- Sterlite to get $52 mn if Asarco bid fails
Billionaire Anil Agarwal-led Indian metal major Sterlite will get a break-up fee of $ 52 million (over Rs 200 crore) if its proposed acquis...
- Sterlite's Asarco deal hinges on US court ruling
Sterlite Industries’ proposed agreement to acquire assets of the bankrupt copper miner Asarco will be cancelled if the US bankruptcy court ...