Merrill Lynch - On the face of it, this sounds like a positive...

On the face of it, this sounds like a positive piece of news for Cairn, however, we think ONGC are most likely to look to a acquire an additional stake in Cairns 70 per cent owned Rajasthan block, rather than a full blown corporate move.

Merrill Lynch

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Merrill Lynch Quotes

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On the face of it, this sounds like a positive piece of news for Cairn, however, we think ONGC are most likely to look to a acquire an additional stake in Cairns 70 per cent owned Rajasthan block, rather than a full blown corporate move.

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face sounds positive piece news cairn ongc acquire additional stake cairns cent owned rajasthan block full blown corporate move

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