Bankruptcy judge backs Grupo Mexico over Sterlite in bid to regain Asarco operations

DENVER — A bankruptcy judge is recommending a revised bid from Sterlite Industries for the assets of Arizona miner Asarco LLC be rejected. He says the Grupo Mexico bid to regain control over Asarco is still superior.

Asarco awaits bankruptcy court recommendation to determine future of AZ copper miner

DENVER — A court will soon decide if Asarco LLC, the nation’s third-largest copper producer, will leave bankruptcy protection and return to Grupo Mexico’s control or be sold to India’s Sterlite Industries.

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Asarco-bankruptcy

  • alpeshmodi Email Wire submitted: ASARCO Bankruptcy News, Issue No. 122
  • lexisnexis ASARCO Bankruptcy Judge Approves Settlement With Insurance Companies
  • max247 A deal is in the works that could end the Asarco bankruptcy. https://regulus2.azstarnet.com/blogs/senorreporter
  • sottolaw Asarco bankruptcy judge questions new Sterlite bid for the company. https://regulus2.azstarnet.com/blogs/senorreporter
  • asspress Sterlite Industries boosts offer for Asarco
  • mcgeneral Sterlite Industries makes higher $2.57B bid for Asarco, topping rival Grupo Mexico's offer - Los Angeles Times
  • petrbuben Sterlite Industries boosts offer for Asarco (AP)
  • lexisnexis ASARCO Bankruptcy Judge Approves Stipulation Between Parent, Insurers
  • sottolaw Judge rules in favour of Grupo Mexico in Asarco Bankruptcy case: https://bit.ly/Bdxh4
  • mcgeneral Bankruptcy judge backs Grupo Mexico bid for Asarco - Herald & Review
  • petrbuben Bankruptcy judge backs Grupo Mexico bid for Asarco (AP)
  • asspress Bankruptcy judge backs Grupo Mexico bid for Asarco
  • derecshuler Bankruptcy judge backs Grupo Mexico bid for Asarco: Bankruptcy judge backs Grupo Mexico bid for Asarco: DENVER (.. https://bit.ly/13cVMp
  • asspress Miner Asarco awaits key bankruptcy recommendation
  • petrbuben Miner Asarco awaits key bankruptcy recommendation (AP)
  • sottolaw Asarco bankruptcy case ruling will affect Arizona for years https://bit.ly/F02KN
  • sottolaw Asarco bankruptcy case ruling will affect Arizona for years https://bit.ly/GllsR
  • lawpassion Baker Botts Hits $100 Million Mark in Asarco Bankruptcy
  • freedom4usa Sterlite Industries raises bid to $2.1B for Asarco
  • sottolaw Rival bids face objections in Asarco bankruptcy case https://bit.ly/AoJCL
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