Vedanta Is Said to Weigh $1 Billion Share Sale as Soon as June

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Vedanta Is Said to Weigh $1 Billion Share Sale as Soon as June
Axis CapitalVedanta
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(Bloomberg) -- Indian commodities tycoon Anil Agarwal’s Vedanta Ltd. is considering a share sale as soon as the coming weeks that could raise as much as 85...

-- Indian commodities tycoon Anil Agarwal’s Vedanta Ltd. is considering a share sale as soon as the coming weeks that could raise as much as 85 billion rupees , people with knowledge of the matter said.Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling Vedanta is working with advisers including Axis Bank Ltd. subsidiary Axis Capital and Citigroup Inc. on the offering, the people said.

Details of the potential fundraising could change and there’s no certainty that Vedanta will proceed with a deal.The Dodgers Mogul and the Indian Infrastructure Giant That Wasn’tWarren Buffett, one of the world's richest men, has a vast portfolio that includes many of today's biggest companies. Through his experience, he has accumulated various assets and company ownership...TFSA balances can triple in value with five Canadian stocks that have delivered outsized gains in recent years.

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