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Cairn India
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August 16, 2010Non-compete Fee: Cairn's Investors To Lose Rs 3570 Cr Nse GuideSend by KartikIn Cairn India's $8.48 billion takeover by the NRI billionaire Anil Agarwal-led group, shareholders who would be missing out on this payment include state-run insurer LIC (which holds 2.57 per cent stake) and Malaysian energy major [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |
August 17, 2010Vedanta Buys Cairn Energy's Indian Ops For US$9bnPosted by John EonCurrently Cairn India is producing approximately 125000 barrels of crude oil per day and the Vedanta board said it believes the potential is there to more than double this level. Vedanta is a FTSE 100 metals and mining company with most [...] Rating: ![]() ![]() Rate up / Rate down |
August 17, 2010Cairn India Sells 51 Percent Stake | Lanka News - Lanka Gazette ...Posted by John EonCairn has entered into a conditional agreement with Vedanta, for the sale of a maximum 51 percent of the fully-diluted share capital of Cairn India, the company said. Cairn India [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010India Reiterated Its Shareholders To Make A Brit Rich KernSend by AdnanCairn Energy Plc holds 62.37 per cent stake in Cairn India, its subsidiary based, which is three production assets in India, including the giant Mangala field in Rajasthan block. In fact, in 2005, Cairn Energy offered its interest in [...] Rating: ![]() Rate up / Rate down |
August 16, 2010Instant View - Vedanta To Buy 51-60 Pct Of Cairn India | ReutersPosted by John EonMUMBAI (Reuters) - India-focussed miner Vedanta Resources Rating: ![]() ![]() Rate up / Rate down |
August 16, 2010Not Withdrawing From India: Cairn Energy | Financal AdvisorSend by Finance PhdVedanta will acquire 5161% in Cairn India, Sesa Goa will hold 20%. In a management conference call, Bill Gammell, CEO, Cairn Energy PLC and Cairn Energy PLC Management, speak about the deal. View full post on Moneycontrol Top Headlines. [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
August 17, 2010Vedanta In $9.6 Bln Deal To Control Cairn India - Yahoo! ...Posted by John EonVedanta in $9.6 bln deal to control Cairn India [...] Cairn Energy shares were up 3.3 percent and at a record high while Cairn India was 6.4 percent lower. [...] Rating: ![]() Rate up / Rate down |
August 16, 2010Vedanta To Pick Up Majority Stake In Cairn IndiaPosted by John EonVedanta to pick up majority stake in Cai [...] The all-cash deal will see Vedanta Resources Plc h [...] Vedanta will acquire these shares from Cairn India [...] "The proposed acquisition significantly enhances V [...] Cairn India, the subsidiary of the [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 17, 2010Sesa Goa Along With Vedanta Group To Come Up With An Open Offer ...Posted by John EonSesa Goa - TipsSesa Goa - Price DetailsSesa Goa - Technical AnalysisSesa Goa with Vedanta Resources Plc, will acquire 20% strategic stake under an Open Offer. [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 17, 2010Cairn India Sells 51 Percent Stake - Business & Financial News ...Posted by John EonCairn has entered into a conditional agreement with Vedanta, for the sale of a maximum 51 percent of the fully-diluted share capital of Cairn India, the company said. Cairn India has interests in 11 oil blocks in India and Sri Lanka. [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010Miner Vedanta In Talks To Buy Cairn India Stake - Yahoo! NewsPosted by John EonBritish mining group Vedanta Resources announced on Thursday that it is in talks with Scottish oil and gas explorer Cairn Energy over the purchase of a stake in its [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
August 17, 2010Cairn India: Are Some Shareholders Being Short Changed ...Send by beyondbricsVedanta's offer to buy a majority stake in Cairn India, which is listed in Mumbai, has thrown up questions about shareholder rights in India that should interest anyone involved in the country's stock market. UK-listed Cairn Energy, [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010India Shares Investment Blog Vedanta To Acquire 5161% Stake In ...Send by Moneycontrol.com editor@moneycVedanta to acquire 5161% stake in Cairn; stk slips. Posted on August 16th, 2010 in India Shares. Vedanta is going to acquire 5161% stake in Cairn India, reports CNBCTV18. Cairn India touched a 52week high of Rs 368. [...] Rating: No stars. Rate up / Rate down |
August 17, 2010Vedanta To Acquire Cairn IndiaPosted by John EonFriends, Vedanta group has finalized a deal to acquire interest in Cairn India. This scrip now loses sheen as Vedanta in seat to run the company would not go down well with investors. Corporate governance will be concern for those who stick with Cairn shares. Cairn operations generate cash and the t [...] Rating: ![]() Rate up / Rate down |
August 17, 2010Greenland Oil Lures Cairn Energy From India | FinancePosted by John EonCairn Energy's offshore oil exploration project in Greenland has engaged 'iceberg management' experts to secure its rigs. Cairn Energy, the oil exploration group, confirmed that it had sold a 51% stake in Cairn India to Vedanta for 5bn [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010Vedanta To Pick Up Majority Stake In Cairn IndiaPosted by John EonGlobal metals and mining major Vedanta Group Monday said it will acquire 51-60% of oil producer Cairn India in a deal worth $8.5-9.6 billion. Business News, International Business, Latest India Business and Markets News ? Times of India [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010BindasHyderabad: Tarang Bhanushali On Vedanta-Cairn India Deal ...Send by bindashyderabadTarang Bhanushali, Metal Analyst, IIFL in an interview with ET Now talks about the Vedanta-Cairn India deal. For Vedanta to pay $8.5 to $9.6 billion for this buyout [...] is this going to be some bit of a pressure for the company? [...] Rating: ![]() ![]() Rate up / Rate down |
August 16, 2010DJ Cairn Energy Interest Of 106 To 216 In Cairn India Post Deal ...Posted by John EonDJ Cairn Energy: To Return Portion Of Proceeds To Cairn Hldrs Mon Aug 16 02:09:25 2010 EDT (MORE TO FOLLOW) Dow Jones Newswires 08-16-10. [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010Vedanta To Buy 5161% Stake In Cairn India For $8.59.6bn | Financal ...Send by Finance PhdVedanta Resources Plc will acquire a 5161% equity stake in Cairn India for USD 8.59.6 billion via debt and cash. View full post on Moneycontrol Top Headlines. [...] Rating: ![]() ![]() Rate up / Rate down |
August 16, 2010Vedanta Buys Cairn India Stake Up To 9.6 Bln Dollars (AFP) | Get ...Posted by John EonLondon-listed Vedanta Resources said on Monday that it had agreed to acquire a majority AFP ? London-listed Vedanta Resources said on Monday that it had agreed to acquire a majority stake in energy explorer Cairn India for up to 9.6 [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010Vedanta To Buy Stake In Cairn India | Www.bullfax.comSend by marketmakerLondon-listed Vedanta Resources is in talks to acquire a majority stake in Cairn India for up to 8.5 billion dollars and the deal may be announced in a couple of days, a report said.Scottish explorer Cairn Energy Plc, which holds a [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
August 16, 2010Vedanta Resources Will Acquire 51 Per Cent In Cairn IndiaPosted by John EonCairn Energy Plc the the parent company will offload its 51 per cent stake in Cairn India to Anil Agarwal?s Vedanta Resources. The transsaction is valued at US $8.5 billion to 9.6 billion, a move that would represent Vedanta?s first foray into oil and gas, and help Edinburgh-based Cairn Energy fund [...] Rating: No stars. Rate up / Rate down |
August 17, 2010Indian Miner Vedanta Moves In On Cairn Energy : UK Financial News ...Posted by John EonThe ruling came as the company said it intended to spend up to 6bn buying as much as 60 per cent of Cairn India to give it access to the country's biggest onshore oilfield. Vedanta will secure the bulk of its shares from Cairn Energy, [...] Rating: ![]() Rate up / Rate down |
August 16, 2010Buy | Vedanta To Buy Cairn India Stake In $9.6 Billion DealPosted by John EonVedanta Resources mentioned Monday that it would purchase from Cairn Energy a interest in its Indian auxiliary for up to $9.6 billion in cash, appropriation wit. [...] Rating: No stars. Rate up / Rate down |
August 16, 2010UPDATE 2-Vedanta To Buy Stake In Cairn India For $8.5-9.6bln ...Send by Best Growth StockVedanta says to buy 51-60 pct of Cairn India * Transaction to be funded through debt and cash * Cairn says to sell 40-51 pct Cairn India * Miner to buy up to 20 pct of Cairn India in open offer (Adds details) By Julie Crust LONDON, [...] Rating: ![]() ![]() ![]() ![]() Rate up / Rate down |