For the $2.98 billion Vedanta deal, the Centre will ask HZL to go for share swaps and warrants.
HZL’s board of directors approved the acquisition of zinc assets from THL Zinc Ventures, a subsidiary of Vedanta Ltd, on January 19.
The Centre may ask Hindustan Zinc Ltd (HZL) to consider alternatives to cash.
Read more
Vedanta owns 64.9% of HZL, while the Centre owns the remaining 29.5%.
Read more
businessoutreach.in