Vedanta to acquire the semiconductor and display businesses from Twin Star Technologies.

Vedanta, a multinational mining company, agreed to acquire the semiconductor and display businesses from Twin Star Technologies, a holding company of Vedanta. Financial terms were not disclosed. "The acquisition will be effected by way of a share transfer at face value of Twin Star Technologies's semiconductor and display SPVs. TSTL is a wholly owned subsidiary of Volcan Investments, the ultimate holding company of Vedanta Limited," Vedanta.