US refining major Chevron has decided to exit RPL. RIL will purchase the 5% stake that Chevron held in RPL, constituting 225 million shares. The stake was held by Chevron India Holdings Pte Ltd, Singaapore, a wholly-owned subsidiary of Chevron.
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Monday, March 02, 2009
Chevron hives off 5% RPL stake to RIL
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