Merger With Cairn India More Favourable for Vedanta Shareholders: Morningstar India
PUBLISHED ON: June 15, 2015 | Duration: 9 min, 38 sec
Piyush Jain, equity research analyst at Morningstar India, says that Cairn India will give Vedanta good cash generation, which will help them in lowering cost of capital and interest cost and thus the merger deal is accretive for the Vedanta shareholders.
