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Cairn Energy stake

MessagePosté: Jeu 19 Jan 2012 10:51
de LesCrozes
Cairn Energy stake

Cairn Energy is considering selling remaining stake in Cairn India. Cairn Energy now holds 22% stake in Cairn India. Cairn Energy sold 40% of its stake in Indian unit earlier to the Vedanta Group. It is not clear whether the company would sell that stake to the Vedanta group or in the open market. Cairn India market cap stands at Rs 65,357 crore.