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Adani Enterprises may pip Vedanta as highest bidder to acquire JAL

contact@dailyupdatesindia.com5 months ago02 mins

NEW DELHI: Adani Enterprises is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than Vedanta’s bid to make payments in five years, sources said.In early September, mining conglomerate Vedanta Group had beaten Adani…

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