Summary
VEDANTA Resources, which last month agreed to acquire between 51% and 60% of Cairn India, yesterday said it had raised $6 billion (pound(s)3.7bn) from a consortium of leading banks to help fund the purchase.
Buying the controlling stake in Cairn's India operations is expected to cost between $8.5bn and $9.6bn.See the full content of this document
Extract
Vedanta Secures Funding
This sale will leave Cairn, the Edinburgh-based oil and gas group, with a minority stake in its In...
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