Billionaire Agarwal agrees to buy rest of Vedanta Resources
Billionaire Anil Agarwal has offered to buy out minority investors of London-listed Vedanta Resources in a deal that values the mining conglomerate at $3.1 billion. Agarwal, whose Volcan Investments already owns 66.5% of Vedanta, intends to cancel the companyâs London listing. Notably, Vedanta Resources owns 50.1% of India-listed Vedanta Limited and has near 65% holding in Hindustan Zinc. 