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Cairn India

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August 16, 2010

Non-compete Fee: Cairn's Investors To Lose Rs 3570 Cr Nse Guide

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In 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: 4 out of 5 stars
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August 17, 2010

Vedanta Buys Cairn Energy's Indian Ops For US$9bn

Posted by John Eon
Currently 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: 2 out of 5 stars
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August 17, 2010

Cairn India Sells 51 Percent Stake | Lanka News - Lanka Gazette ...

Posted by John Eon
Cairn 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: 4 out of 5 stars
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August 16, 2010

India Reiterated Its Shareholders To Make A Brit Rich Kern

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Cairn 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: 1 out of 5 stars
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August 16, 2010

Instant View - Vedanta To Buy 51-60 Pct Of Cairn India | Reuters

Posted by John Eon
MUMBAI (Reuters) - India-focussed miner Vedanta Resources said it will acquire 51 percent to 60 percent stake in Cairn India for $8.5 billion to 9.6 billion (5.4 [...]

Rating: 2 out of 5 stars
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August 16, 2010

Not Withdrawing From India: Cairn Energy | Financal Advisor

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Vedanta 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: 3 out of 5 stars
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August 17, 2010

Vedanta In $9.6 Bln Deal To Control Cairn India - Yahoo! ...

Posted by John Eon
Vedanta 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. [...]

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August 16, 2010

Vedanta To Pick Up Majority Stake In Cairn India

Posted by John Eon
Vedanta 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: 5 out of 5 stars
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August 17, 2010

Sesa Goa Along With Vedanta Group To Come Up With An Open Offer ...

Posted by John Eon
Sesa Goa - TipsSesa Goa - Price DetailsSesa Goa - Technical AnalysisSesa Goa with Vedanta Resources Plc, will acquire 20% strategic stake under an Open Offer. [...]
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August 17, 2010

Cairn India Sells 51 Percent Stake - Business & Financial News ...

Posted by John Eon
Cairn 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: 5 out of 5 stars
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August 16, 2010

Miner Vedanta In Talks To Buy Cairn India Stake - Yahoo! News

Posted by John Eon
British 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: 3 out of 5 stars
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August 17, 2010

Cairn India: Are Some Shareholders Being Short Changed ...

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Vedanta'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: 4 out of 5 stars
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August 16, 2010

India Shares Investment Blog Vedanta To Acquire 5161% Stake In ...

Send by Moneycontrol.com editor@moneyc
Vedanta 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. [...]

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August 17, 2010

Vedanta To Acquire Cairn India

Posted by John Eon
Friends, 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: 1 out of 5 stars
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August 17, 2010

Greenland Oil Lures Cairn Energy From India | Finance

Posted by John Eon
Cairn 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: 5 out of 5 stars
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August 16, 2010

Vedanta To Pick Up Majority Stake In Cairn India

Posted by John Eon
Global 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: 4 out of 5 stars
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August 16, 2010

BindasHyderabad: Tarang Bhanushali On Vedanta-Cairn India Deal ...

Send by bindashyderabad
Tarang 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: 2 out of 5 stars
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August 16, 2010

DJ Cairn Energy Interest Of 106 To 216 In Cairn India Post Deal ...

Posted by John Eon
DJ 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: 4 out of 5 stars
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August 16, 2010

Vedanta To Buy 5161% Stake In Cairn India For $8.59.6bn | Financal ...

Send by Finance Phd
Vedanta 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: 2 out of 5 stars
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August 16, 2010

Vedanta Buys Cairn India Stake Up To 9.6 Bln Dollars (AFP) | Get ...

Posted by John Eon
London-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 [...]

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August 16, 2010

Vedanta To Buy Stake In Cairn India | Www.bullfax.com

Send by marketmaker
London-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: 5 out of 5 stars
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August 16, 2010

Vedanta Resources Will Acquire 51 Per Cent In Cairn India

Posted by John Eon
Cairn 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 [...]

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August 17, 2010

Indian Miner Vedanta Moves In On Cairn Energy : UK Financial News ...

Posted by John Eon
The 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: 1 out of 5 stars
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August 16, 2010

Buy | Vedanta To Buy Cairn India Stake In $9.6 Billion Deal

Posted by John Eon
Vedanta 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. [...]
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August 16, 2010

UPDATE 2-Vedanta To Buy Stake In Cairn India For $8.5-9.6bln ...

Send by Best Growth Stock
Vedanta 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: 4 out of 5 stars
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