/PRNewswire/ The "Mining of Iron Ore and Chrome in South Africa 2023" report has been added to ResearchAndMarkets.com s offering. Chrome ore production is.
The Indian government, which has nearly 30% stake in Hindustan Zinc that it intends to sell through offer-for-sale mechanism, is likely to vote against the plan on concerns ranging from high valuations to it being a related party transaction, the report said
Govt feels decision against minority rights; move to be a big negative for Vedanta Ltd.The government had never supported this deal and their nominees on the board of HZL had opposed this acquisition
The company’s board approved the sale of the Zinc International business held by THL Zinc Ventures Ltd (THLZV), which is a wholly-owned subsidiary of Vedanta.
Get latest articles and stories on Latest News at LatestLY. Anil Agarwal-promoted Vedanta on Thursday said it will sell Zinc International assets to Hindustan Zinc for a cash consideration of USD 2,981 million. Latest News | Vedanta to Sell Zinc International Assets to Hindustan Zinc for USD 2,981 Million.