June 19, 2009

ASBESTOS LITIGATION: Vedanta to Raise Bid for Asarco LLC Offer

COMPANIES: Asarco LLC | Vedanta Resources Plc
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The Wall Street Journal, on June 14, 2009, reported that Vedanta Resources PLC will increase the note portion of its offer to take Asarco LLC out of bankruptcy, Reuters reports.

The Journal reported that Sterlite Industries, a Vedanta subsidiary, will increase…

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