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Vedanta's Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale

Vedanta Resources' efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate's proposed $2.98 billion deal to move certain zinc assets from its flagship company to another in which it is a majority shareholder. ....

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India opposes Vedanta's $3b zinc assets sale

The government opposed Hindustan Zinc's purchase of Vedanta’s Africa-based assets. ....

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