Reliance Industries Ltd has raised by three fold, its cash component for its acquisition offer for LyondellBasell. The cash component of RIL’s US$12 bln non-binding proposal for the acquisition of thee bankrupt LyondellBasell has been increased from US$2 bln to US$5-6 bln.
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Monday, December 28, 2009
RIL raises cash component almost threefold for LyondellBasell acquisition offer
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