India’s Vedanta Considers Massive Company Split for Stock Exchange Listing
Indian mining company Vedanta Resources are said to consider a spin-off of several of its interests in five or six companies, and a parent, what would be one of the largest corporate customers break-up of a FTSE 100 so far.
Vedanta will retain a majority stake in all companies have separate stock market listings.
Several bankers Mining London was contacted to discuss plans for ads, according to the British newspaper The Independent.
She said not to reveal sources said the spin-off company Vedanta will simplify its structure and consolidate the various small farms results easier recovery in the market and increase the overall value.
Most spin-offs of ads will likely be in India and Hong Kong, London, is a strong contender for a couple of spinoffs, including ads. Read more
