Saturday, June 30, 2012

Cairn said to sell stake in India

The Scottish company will own 18.3 per cent of Cairn India after Friday's sale. Vedanta Resources Plc, a London-based metals and mining company, and unit Sesa Goa Ltd completed buying a 59 per cent stake in Cairn India from Cairn Energy and other shareholders for $8.67 billion (Dh31.8 billion) in December.


http://gulfnews.com/business/markets/cairn-said-to-sell-stake-in-india-1.1041992

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