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Sterlite offers sweetener to grupo Mexico

Barely 10 days after raising its bid to acquire US based copper miner Asarco Sterlite Industries on Monday offered a sweetener to rival Grupo Mexico. Anil Agarwal controlled Sterlite, which recently revised its offer to $2.56 billion, has offered to limit the extent of a lawsuit recovery from Grupo as part of efforts to win over its rival. Grupo’s bid for Asarco stands at $2.5 billion.
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