Aviva Investors opposes Vedanta Ltd takeover bid for Cairn India
Fund firm Aviva Investors said on Wednesday it opposed a $2.3 billion plan by Vedanta Ltd to buy out minority shareholders in Cairn India as the deal failed to deliver sufficient value.
Aug 05, 2015, 23:18 PM IST
No decision yet on Cairn-Vedanta deal: United India Insurance
Public sector player United India Insurance Company Ltd (UIICL), one of the shareholders in Cairn India, Tuesday said it has not taken any stand on the merger issue of Vedanta and Cairn India Ltd.
Aug 04, 2015, 22:55 PM IST
Cairn-Vedanta deal: LIC expresses doubts over valuations, debt
LIC owns 9.06 percent in Cairn India, second only to 9.82 percent of UK's Cairn Energy plc. LIC also has a minority 1.77 percent holding in Vedanta. The merger needs approval of at least half of the minority shareholders.
Jun 16, 2015, 22:35 PM IST
Cairn India climbs 4%, post $2.3-bn Vedanta deal
Shares of Cairn India ended with nearly 4 percent gains Monday following the decision to merge the oil firm with private miner Vedanta Ltd in a USD 2.3-billion deal.
Jun 15, 2015, 18:08 PM IST
Cairn India, Vedanta shares rise after $2.3 billion deal
Shares of Vedanta Ltd and Cairn India Ltd rose on Monday after Vedanta offered to buy out minorities in cash-rich oil unit Cairn India in a USD 2.3 billion deal.
Jun 15, 2015, 10:19 AM IST
