Sterlite in a wait and watch mode
Anil Agarwal's Asarco deal has seen some setback in the US but what is in store for the company? "You have to have patience, you are acquiring such a huge asset," says Anil Agarwal, Executive Chairman, Sterlite. What else can Anil Agarwal do right now since the acquisition has run into troubled waters. It could be a long wait for Sterlite as the US Bankruptcy Court wants Asarco's present owner, Grupo Mexico, to file a re-organisation plan for Asarco.
