Latham & Watkins and Shepherd and Wedderburn have lined up alongside two Indian law firms on the $9.6bn (£6.1bn) acquisition of a majority stake in oil company Cairn India by Vedanta Resources, India's largest mining company. Vedanta is looking to purchase between 51% and 60% of Cairn India, which is 62% owned by the Edinburgh-based FTSE 100 oil firm Cairn Energy.
August 18, 2010 at 04:19 AM
1 minute read
The original version of this story was published on Legalweek
Latham & Watkins and Shepherd and Wedderburn have lined up alongside two Indian law firms on the $9.6bn (£6.1bn) acquisition of a majority stake in oil company Cairn India by India’s largest mining company.
Vedanta Resources is looking to purchase between 51% and 60% of Cairn India, which is 62% owned by the Edinburgh-based FTSE 100 oil firm Cairn Energy.
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