Malaysia Adds Spice to Cairn's Indian Dish

Daily MailNovember 25, 2006

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Summary


CAIRN Energy's float of its Indian operations on the Bombay Stock Exchange is off to a flying start, with Malaysia's Petronas talking a 10pc stake for Pounds 360m.

This values Cairn India at Pounds 3.6bn 20pc higher than Cairn envisaged a month ago.

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Malaysia Adds Spice to Cairn's Indian Dish

Having set out to sell 30.5p...

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