Wednesday, April 29, 2009

Sterlite to match any higher bids for Asarco

India's Business Standard newspaper reports that Sterlite Industries "will compete with any rival bidder to buyout America's third-largest copper producer Asarco, for which it has already offered $1.7 billion, and said it sees the deal getting sealed in the next 3-4 months." [right, Asarco's Mission mine in southern Arizona. Credit, Asarco]

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