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Vedanta completes deal with Cairn India
Nearly 15 months after first announcing the deal, Vedanta Resources on Thursday announced the completion of its acquisition of a controlling stake in Cairn India. Vedanta has acquired 58.5 per cent in Cairn India for a total consideration of $8.67 billion, the third-largest acquisition ever by an Indian enterprise globally. The delay in completing the deal was largely due to differences between the