Will it materialize??
Reliance Industries Ltd (RIL) is proposing to once again merge its refinery subsidiary RPL(Reliance Petroleum) with itself that would make it one of the world's largest refiners.
Chevron with 5% stake will not be happy because its primary interest was refinery and it also planned to raise it to 29%. It is not interested in other business or RIL.
Old Post :
http://beyond-basics.blogspot.com/2007/12/ril-rpl-merger.html
Friday, February 27, 2009
RIL RPL merger . same old story again
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