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Vedanta confirms London exit

Anil Agarwal overcomes debt issue to confirm privatisation of London arm

Staff reporter
Anil Agarwal is spending £800 million to get rid of the 15-year-old London listing

Anil Agarwal is spending £800 million to get rid of the 15-year-old London listing

In a letter to shareholders, the company said the £8.25 per share offer was a good deal because of the 27.6% premium on the June 29 price, it offered "certainty to investors" by handing them cash, and...

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