COMPANY SNAPSHOT: Cairn Energy, Petrofac, Petroceltic International, Solo Oil ... - Proactive Investors UK
Tue, 12 Jul 2011 07:09Elsewhere, Helius Energy (LON:HEGY) announced that its non-executive director Angus McDonald has increased his stake in the company from 19.12 percent to 24.12 percent after buying 4.36 million shares at a price of 16 pence per share. ...
Mining group Vedanta Resources buys 10% in Cairn India for $1.5 billion - Economic Times
Tue, 12 Jul 2011 23:23Vedanta acquired 191.92 million equity shares of Cairn India at Rs. 355 per share. The total cash payout worked out to Rs. 6813.16 crore. While Vedanta's statement put the acquisition price at $1.505 billion, Cairn Energy in a separate statement put it ...
Vedanta's investment in Cairn shrinks by Rs 1735 cr - Business Standard
Wed, 13 Jul 2011 18:30Earlier this week, parent company Vedanta Resources acquired 191.92 million shares representing 10 per cent stake from Cairn India's current promoter Cairn Energy at a price of Rs 355 per share and invested Rs 6813.2 crore. Cairn Energy will sell ...
Cairn may not accept Govt conditions on Vedanta deal - Hindu Business Line
Sat, 02 Jul 2011 18:27Rajasthan crude price is at 10-15 per cent discount to Brent average of the previous year. Vedanta and its group company currently hold 18.5 per cent in Cairn India. Vedanta will acquire another 10 per cent on or before July 11 from Cairn Energy, ...
Conditional clearance for Cairn sends wrong signals - Khaleej Times
Sun, 10 Jul 2011 18:50State-owned ONGC has 30 per cent share in the Barmer oil field. In August 2010, Cairn Energy announced it would be selling up to 60 per cent of its equity stake in its Indian venture Cairn India for $9.6 billion to Vedanta Resources, ...
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