Key Points
Vedanta Group is working with JPMorgan Chase & Co. to advise on an overhaul of the Indian conglomerate announced in September, according to people familiar with the matter, who requested anonymity discussing private matters...
The development suggests billionaire Anil Agarwals energy-to-metals group is progressing on its plans to simplify the complex financial structure..
The group is also seeking funding to repay around $3 billion of dollar bonds due over the next two years...
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