Vedanta's proposed debt-financed acquisition will simplify group structure: Moody's
May 21, 2020
Singapore, May 21 : Vedanta's open offer to acquire the remaining 49.9 per cent shareholding it does not own and to delist it from the Bombay Stock Exchange (BSE) is credit positive and a major step in the simplification of Vedanta's complex group structure, according to Moody's Investors Service.