Vedanta to sell Zinc International assets to Hindustan Zinc for $2,981 million - Business News: Latest News & Videos about market and economy | Trendmergers

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Vedanta to sell Zinc International assets to Hindustan Zinc for $2,981 million

The assets held THLZV through THL Zinc Ltd (Mauritius) comprising shares held in Black Mountain Mining Pty Ltd, South Africa (69.6 per cent) and THL Zinc Namibia Holdings (Pty) Ltd (100 per cent), Namibia, will be sold to the proposed wholly-owned subsidiary (SPV) of Hindustan Zinc Ltd (HZL) for a cash consideration not exceeding USD 2,981 million.

from Industry-Economic Times
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