Vedanta's Cairn Acquisition Gets Final India OK - Report

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LesCrozes

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Message Mar 24 Jan 2012 18:15

Vedanta's Cairn Acquisition Gets Final India OK - Report

Vedanta's Cairn India Acquisition Gets Final India Cabinet OK - Report
Published January 24, 2012

NEW DELHI – India on Tuesday gave its final approval to Vedanta Resources PLC's (VED.LN) acquisition of a majority stake in Cairn India Ltd.(532792.BY) for $8.48 billion, the Press Trust of India reported, citing sources it didn't name.
The Cabinet Committee on Economic Affairs headed by Prime Minister Manmohan Singh has cleared the deal this evening, the report added.
The planned sale of a 40% stake held by Cairn Energy PLC (CNE.LN) in Cairn India to Vedanta was first considered by the cabinet in April last year and was approved in June, with certain conditions, it said.
Cairn and Vedanta have complied with all the conditions and concluded the transaction last month, the report said.
Copyright © 2012 Dow Jones Newswires


Read more: http://www.foxbusiness.com/news/2012/01 ... z1kOQQ0HBf
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Chico47

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Message Mar 24 Jan 2012 18:31

Re: Vedanta's Cairn Acquisition Gets Final India OK - Report

Enfin !
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mgauthi4

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Message Mar 24 Jan 2012 19:19

Re: Vedanta's Cairn Acquisition Gets Final India OK - Report

Bon

ca c'est fait ...


now ..

what else
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bobded

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Message Mar 24 Jan 2012 20:00

Re: Vedanta's Cairn Acquisition Gets Final India OK - Report

youpi
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jbd48

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Message Mar 24 Jan 2012 22:22

Re: Vedanta's Cairn Acquisition Gets Final India OK - Report

Bon ben champagne.
Ah c'qu'elle est courue, la pêche, la pêche, ah c'qu'elle est courue, la pêche à la morue.
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Le Niçois

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Message Mar 24 Jan 2012 23:22

Re: Vedanta's Cairn Acquisition Gets Final India OK - Report

EN faim !

Maintenant, qu'on nous la croque la Mlzam , qu'on en redemande !

Rien ne sera plus comme avant :

IPO de KR va se réaliser (contribuer à l'achat indien) ; 30% de nos actifs vont être évalués donc, à suivre , premier palier (mise en bouche).


Le plat de résistance ? later

Retourner vers About Konkola KCM - Vedanta

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