Vedanta to exclude base metals business from sweeping demerger
The group said it will consider the base metals business demerger at a later stage.
Merger and acquisition (M&A) transactions have reached a record high in recent years, currently worth $3.8 trillion worldwide. In the mining and metals sector in particular, M&A has been the strategy of choice for companies looking to expand to take advantage of increased demand from China and India. There are a number of pitfalls which need to be avoided, and an awareness of the factors influencing success, are crucial to any M&A activity, says Ron Spence, SKM’s Group Manager Strategy for Mining and Metals. Spence is responsible for management of selected major clients in the global mining business, as well as developing mergers and acquisitions and JV and alliance opportunities to enhance the SKM business. (more…)