Deal insight

PETRONAS sells its 14.94% stake in Cairn India to Vedanta (10.4%) and private investors (4.54%)

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

PETRONAS has announced the divestment of its 14.94% stake in Cairn India for a total sale price of US$2.1 billion. The majority, a 10.4% stake, has been acquired by Sesa Goa, a subsidiary of Vedanta Resources. The sale is a separate transaction from Vedanta's proposed acquisition of a controlling stake in Cairn India from Cairn Energy, but will have implications for the wider move. Pending the exact outcome of its deal with Cairn Energy, Vedanta will now ultimately control between ...

What's included

This report contains

  • Document

    PETRONAS sells its 14.94% stake in Cairn India to Vedanta (10.4%) and private investors (4.54%)

    PDF 462.55 KB

Table of contents

  • Executive summary
  • Transaction details
    • Background - the original deal terms
    • The current state of affairs and potential outcomes

Tables and charts

This report includes 3 images and tables including:

Images

  • Previous potential equity structure; Scenarios 1 and 2
  • New potential equity structure; Scenarios 1 and 2

Tables

  • Deal analysis: Table 1

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898