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19 Nov
12:32

Vedanta eyes splitting steel into separate entity

Vedanta Group is planning to split its aluminium, iron and steel, and oil and gas businesses into separate entities, Kallanish notes. Considering the scale, nature, and potential opportunities for various business verticals, the company will undertake a comprehensive review of the corporate structure. Upon the completion of the review, it will evaluate a full range of options and alternatives, including demergers, spin-offs, and strategic partnerships for unlockin…
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