Vedanta Resources purchased 9.5% stake in Hudbay Minerals
Vedanta Resources has purchased a 9.5% equity stake in Canada’s Hudbay Minerals for an undisclosed amount. The equity stake was bought by Vedanta’s unlisted unit Lakomasko BV, which is based in Amsterdam.
Vedanta spokesman Robin Walker stated:
They do control that stake. It Lakomasko is an organisation that is controlled by Vedanta Resources.
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Tue, Apr 28, 2009
Post by Melissa Pistilli, Zinc Senior Reporter