Tuesday, January 21, 2020

Cairn India hunts for big oil partner via stake sale

Cairn is the country’s largest private sector oil and gas producer accounting for nearly a quarter of India’s total domestic crude oil production and Vedanta may look to dilute up to 25% to raise a minimum of $1.5-2 billion (Rs 10,500-14,100) through this “value unlocking” exercise.

from Energy-Industry-Economic Times https://ift.tt/2sRcR04

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