Vedanta hopes to buy UK company Cairn Energy’s majority stake in oil company Cairn India.
ONGC-OIL-Gail may counter Vedanta offer
State-owned ONGC, OIL and Gail may make a joint bid to counter Vedanta Resources’ $8.48 billion offer for majority stake in Cairn India, and have already got $10 billion in loan committments from international banks for the move.–gas/ONGC-OIL-GAIL-may-bid-to-counter-Vedantas-offer-for-Cairn/articleshow/6421338.cms
Could Vedanta Face Competition for Cairn India?
Agarwal calls Deora in bid to salvage Cairn buy