ID :
176551
Tue, 04/19/2011 - 17:15
Auther :

PETRONAS DIVESTS SHARES IN CAIRN INDIA


KUALA LUMPUR, April 19 (Bernama) -- Malaysia's national oil company Petronas
has sold all of its 14.94 per cent holdings (283.4 million shares) in Cairn
India Limited held by Petronas International Corporation Ltd for a total
consideration of about US$2.1 billion.

The transaction brings to a close a successful association as a shareholder
with Cairn India since 2006, Petronas said in a statement.

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