Posts Tagged ‘Vedanta’
MANY A SPILL BETWEEN THE CUP AND THE LIP
Yesterday we all bore witness to the announcement of one of the largest acquisitions involving purchase of shares and majority control of an Indian company, namely Cairn India, by a foreign resident. The transaction contemplates Cairn India’s parent Cairn UK which presently holds ~ 62% of the paid up equity capital of the former, divesting…
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