Sterlite Industries boosts offer for Asarco

Courtesy Newsvine - business  Fri, 09/11/2009 - 08:42

Sterlite Industries is raising its bid for the mining company Asarco LLC by 20 percent to $2.57 billion, topping rival Grupo Mexico's offer for a company that has been operating under bankruptcy protection.


 

Related items

Bankruptcy judge backs Grupo Mexico bid for Asarco
A bankruptcy judge is recommending a revised bid from Sterlite Industries for the assets of Arizona miner Asarco LLC be rejected. He says the Grupo Mexico bid to regain control over Asarco is...

Twinkies maker Hostess files for bankruptcy
Hostess Brands, the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic...

Twinkies maker files for bankruptcy protection
Hostess Brands Inc., baker of such iconic American brands as Twinkies, Ding Dongs, Ho Ho's and Wonder Bread, has filed for bankruptcy protection, blaming rising labor costs.

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com