Vedanta open to raising offer price for Essar Steel

Anil Agarwal said that Vedanta's Rs 35,000-36,000 crore offer in the first round of bidding for Essar Steel was higher than the bids made by the other two contestants, Arcelor Mittal and Russia's VTB Capital-backed NuMetal. On revising his offer price, Agarwal said he was “open to everything” but will wait and see how the other two rivals act.

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