Thursday, February 5, 2009

Sterlite said to be close to acquisition of US miner Asarco

(WILMINGTON, Delaware) Sterlite Industries (India) Ltd, India's largest copper producer, is close to signing a contract to buy Asarco LLC, potentially ending the US miner's four-year- old bankruptcy, two people involved in the talks said yesterday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,317622,00.html?

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