Summary: Indian billionaire Anil Agarwal is restructuring his metals-to-energy conglomerate Vedanta to reduce its $11 billion debt and focus on different businesses. The overhaul will involve listing key businesses separately, potentially providing new funding sources and increasing transparency. Agarwal is also expanding operations in the Middle East and Africa, particularly in Saudi Arabia, where Vedanta plans to invest $2 billion in copper-processing facilities.

Link: https://www.businesstimes.com.sg/international/metals-billionaire-anil-agarwal-seeks-mining-reboot-amid-debt-overhaul-saudi-push