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Why Cairn India-Vedanta Deal is a Win-Win for Shareholders

Why Cairn India-Vedanta Deal is a Win-Win for Shareholders
Shares in Cairn India gained on Monday following the merger announcement with Vedanta Limited on Sunday. The deal will now have to be approved by regulators as well as by a majority of the companies' minority shareholders. Analysts told NDTV that the deal is a win-win for shareholders of both companies. 1) Both Cairn India and Vedanta Limited are owned by London-listed Vedanta Resources, controlled by billionaire Anil Agarwal. Cairn...
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