Vedanta to list Zambia copper unit and raise USD 1 billion
Vedanta Resources Plc, owners of Konkola Copper Mines in Zambia plans to list shares of its Zambian unit KCM on London bourse through its holding company, Konkola Resources plc in which it seeks to secure more than USD 1 billion.
Mr Kishor Kumar CEO of Vedanta said that the listing of the company on the London Stock Exchange was significant for Zambia as it would help in the company’s growth and further attain higher copper production at its unit, KCM. The Initial Public Offer will provide Read more [...]