HomeNewsBusinessMarkets'Sesa-Sterlite merge is negative for minority shareholders'
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'Sesa-Sterlite merge is negative for minority shareholders'

Bhavesh Chauhan, metal analyst of Angel Broking says, the Sesa-Sterlite merger is negative for the minority shareholders of Sesa and Sterlite. “We are neutral on both the stocks,” he adds.

February 27, 2012 / 21:15 IST
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Vedanta Resources has combined all its key investments in India into a single company called 'Sesa-Sterlite', thereby creating a simple structure spanning industries from oil to iron ore.

In an interview to CNBC-TV18, Bhavesh Chauhan, metal analyst of Angel Broking says, the merger is negative for the minority shareholders of Sesa and Sterlite.
TAGS: #Angel Broking #Bhavesh Chauhan #MARKET OUTLOOK #Sesa #Sterlite #Vedanta Resources
first published: Feb 27, 2012 01:26 pm

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