One of the most expensive M&A deals of the year has gotten into troubled waters.Reliance which had bid for acquiring the bankrupt LyondellBasell in a deal valued at close to $12 billion might have to further up its bid or walk out of the deal completely.The recent developments in the Reliance-LyondellBasell Deal are attributed to [...]
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Reliance looks very keen on its M&A plans and has raised a whopping Rs.2765 cr cash by sale of 2.58 crore treasury stocks. It is noteworthy that Reliance has shown interest in the bankrupt petrochemicals firm LyondellBasell .The Reliance-LyondellBasell estimated to be around Rs. 12 billion has witnessed action building up after LyondellBasell went through [...]
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