Vedanta drops restructuring plan, board finds present structure 'optimal' - Business News: Latest News & Videos about market and economy | Trendmergers

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Vedanta drops restructuring plan, board finds present structure 'optimal'

The company had in November said that it would consider the hiving off and separate listing of its aluminium, iron and steel, and oil and gas businesses as standalone entities. “The board of directors concludes that the current structure is optimal and is commensurate with the current scale and its diversified lines of businesses,” the company said in a press statement.

from Industry-Economic Times
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