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CAIRN VEDANTA ACQUISITION
Vedanta used Cairn loan to repay inter-company loanCairn had on July 23, 2014 disclosed in an investor presentation that it had extended USD 1.25 billion of loan from its cash pile to Sesa S...
Vedanta's Cairn India impairment credit negative: Moody'sThe impairment reflects the high price that Vedanta paid for Cairn India at the peak of the oil and gas cycle, when Brent crude prices exce...
- Vedanta-Cairn deal biggest ever for Indian energy sector
The transaction is also probably the fourth largest M&A (merger and acquisition) deal involving an Indian company.
- Vedanta says has satisfied all terms for Cairn India takeover
London-listed Vedanta Resources plc today said it has satisfied all conditions for acquisition of Cairn India Ltd.
- Mining group Vedanta Resources buys 10% in Cairn India for $1.5 billion
Vedanta Resources has completed the first tranche of its purchase of Cairn Energy's Indian subsidiary after acquiring a 10% stake for $1.5 ...
- Vedanta Resources may go ahead with the acquisition of Cairn India as oil prices surge
Vedanta's bid to acquire a controlling stake in Cairn India has hung in balance since last year over royalty and cess issues.
- Vedanta keeps eyes firm on Cairn India as oil prices surge; stock down
Vedanta Resources may go ahead with the acquisition of Cairn India despite the government's insistence on tough conditions on royalty becau...
- Vedanta buys 10.4% in Cairn India from Malaysia's Petronas
Vedanta Resources bought a 10.4% stake in Cairn India from Petronas, becoming the second-largest shareholder in the company for which it ha...
- Cairn shares rise 2 pc on hopes of govt nod for Vedanta deal
Vedanta had on August 16 last year announced buying majority stake in the company, that owns the nation's largest onland oil field, from UK...
- Vedanta to use Konkola IPO proceeds to pay debt for Cairn deal
London-listed miner Vedanta Resources plans to use proceeds from the IPO of its Zambian copper business to repay debt it is taking to buy m...
- Vedanta Shareholders approve deal with Cairn
Oil Minister Murli Deora had yesterday stated that the government will by March 2011 decide on giving approval to the Cairn-Vedanta deal.
- Vedanta to seek shareholders' nod for Cairn deal on Dec 13
LONDON: India-focused mining group Vedanta Resources will on December 13 seek its shareholders' nod for buying a majority stake in Cairn In...
- Vedanta shareholders’ meet on Cairn deal delayed
Anil Agarwal’s Vedanta Resources is not only facing delays in India but also in the UK for it’s close to $10 billion acquisition of Cairn I...
- SC rejects Sesa investor’s plea to restrain Vedanta’s Cairn buy
The Supreme Court on Friday refused to restrain Vedanta Group’s bid to acquire Cairn India through an open offer of $3 billion.
- Sesa investor contests Vedanta's Cairn bid
Vedanta Group’s bid to acquire Cairn India has been challenged in the Supreme Court by a minority shareholder of Sesa Goa, a subsidiary of ...
- Sesa Goa shareholder moves SC against Cairn deal
A shareholder of Sesa Goa today moved the Supreme Court seeking to restrain it from participating in Cairn India's takeover by parent Vedan...
- Fitch cuts Vedanta's credit rating; S&P puts it on watch
Fitch Ratings cut the credit rating of Vedanta Resources citing risks arising out of its entry into a new business with the group's propose...