Sterlite Industries and Sesa Goa merger – What’s in store for the investors?
London-listed Vedanta Group’s proposal to merge subsidiaries Sterlite Industries with Sesa Goa has kicked up quite a storm on Dalal Street. While group chairman Anil Agarwal maintains the proposal is pro-investor, industry experts are still divided on the new entity Sesa Sterlite. Though some have given the merger a thumbs up, saying investors are likely to benefit in the long run, others have questioned the fairness of the deal which seeks to dump $5.9 billion of Vedanta Aluminum’s debt on to the new entity. A few have, however, said that portions of the merger work.
MoneyWorks4me.com has done an analysis to find out what does this merger actually mean for the company and for the investors.
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28. Feb, 2012 


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