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GOV’T CAN BUY OFF VEDANTA
…Peter Sinkamba says downgrading Vedanta by S&P from being stable to risky should turn out to be a negotiating point for Government to buy the Anil Agarwal-owned KCM off
…Peter Sinkamba says downgrading Vedanta by S&P from being stable to risky should turn out to be a negotiating point for Government to buy the Anil Agarwal-owned KCM off
By NATION REPORTER
VEDANTA Resources, the Anil Agarwal-owned company has been downgraded from stable to increasing funding risks and now Peter Sinkamba is advising Government to use the cut in ratings as a point to negotiate for a buy off the company and look for another investor to take up the ownership of Konkola Copper Mine (KCM).
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