Announcement

Thursday, April 30, 2009

Sterlite to match rival bid for Asarco

BS reported that Sterlite Industries will compete with any rival bidder to buyout America's third largest copper producer Asarco for which it has already offered USD 1.7 billion and said it sees the deal getting sealed in the next 3 to 4 months.

Mr Navin Agarwal deputy executive chairman

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