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Debarati Roy / Bloomberg 09:38 PM | October 16,2009
Sterlite shares fell as much as 9% to Rs790 in intraday trading, the most since 7 August, and closed at Rs820.90 on the Bombay Stock Exchange
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Steven Church / Blommberg 11:08 PM | September 25,2009
Letting Sterlite Industries revise its bid would be fundamentally unfair, judge said
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Reuters 02:03 PM | September 25,2009
Sterlite and Grupo Mexico are locked in an intense battle for the control of the American copper producer
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Debarati Roy / Bloomberg 09:14 PM | September 11,2009
The offer was increased to $2.57 billion (Rs12,465 crore) in cash from $2.14 billion, Mumbai-based Sterlite, said in a statement to the National Stock Exchange
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Reuters 11:59 AM | September 11,2009
Shares in Sterlite, which has a market value of $11.2 billion, were trading down nearly 3% at Rs744.30 by 11:11am while the main index was up 0.1%
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PTI 10:00 PM | August 20,2009
The revised total consideration will increase to cash at closing of approximately $2.1 bn, the Sterlite Industries said
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11:36 PM | August 19,2009
Grupo Mexico SAB, however, said it has arranged $1.5 billion in financing from five banks
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Steven Church / Bloomberg 09:28 PM | August 18,2009
The new payment means that any creditor votes against Grupo Mexico no longer need to be considered by the judge when he rules before an 31 August deadline
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Reuters 12:58 PM | August 11,2009
The new bid reflected an increase in copper prices and the expectations of creditors, the Sterlite Industries said
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Emily Chasan / Reuters 12:45 PM | August 10,2009
The Asarco’s union, which supports the Sterlite deal, said Grupo Mexico’s plan was inadequate and that it is very unlikely that it would be able to reach a labour agreement with the Mexican miner
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PTI 09:36 PM | July 19,2009
Vedanta Resources Plc chairman said at any point if someone takes Asarco at a higher price we will not regret it
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Mark to Market | Manas Chakravarty and Mobis Philipose 01:15 AM | June 17,2009
At current copper prices and based on analysts’ estimates of the long-term price of the metal, the Sterlite Industries’s bid to acquire Asarco is increasingly making sense
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PTI 07:05 PM | May 04,2009
Sterlite Industries faces a potential $2.6 bn lawsuit if it loses out in the race to acquire US copper producer Asarco
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Mark to Market | Manas Chakravarty and Mobis Philipose 09:04 AM | April 29,2009
The company has managed to continue cutting production costs and also benefited from the recent improvement in copper TC/RC (treatment charges/refining charges) margins
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Steven Church and Andres R. Martinez / Bloomberg 09:41 PM | April 23,2009
Approval for bankrupt Asarco’s request to sign a sale contract with Sterlite that allows rivals to top the offer
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