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Sesa Goa, a subsidiary of UK-based Vedanta Resources, has acquired Dempo Group’s Goa mining assets in an all cash deal worth Rs1,750 crores. The assets include a number of mining leases and rights estimated at 70 million tons of iron ore, as well as related mining infrastructure.
Sesa Goa, a subsidiary of UK-based Vedanta Resources, has acquired Dempo Group’s Goa mining assets in an all cash deal worth Rs1,750 crores.
The assets include a number of mining leases and rights estimated at 70 million tons of iron ore, as well as related mining infrastructure.
The deal is set to ensure the long-term success of Dempo’s operations, the company said.
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