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No stay on Sesa Goa open offer
The Supreme Court on Friday refused to restrain Vedanta Resources’ subsidiary Sesa Goa from launching an open offer to buy 20 per cent stake in Cairn India.
Updated on: Aug 27, 2010, 20:58:38 IST
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The Supreme Court on Friday refused to restrain Vedanta Resources’ subsidiary Sesa Goa from launching an open offer to buy 20 per cent stake in Cairn India.
The main matter pertains to validity of acquisition of Vedanta’s acquisition of Sesa Goa from Japan’s Mitsui & Co.
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