Reliance Industries Ltd (RIL) has denied news that it is looking to buy Valero Energy Corp, as per BusinessStandard.
“While it is, and will remain, the policy of Reliance not to comment on market ruumors, in light of the materiality of the rumored transaction, Reliance wishes to dispel the rumors and announce that it is not in discussions with Valero nor otherwise considering an acquisition of Valero,” RIL said in a statement.
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Tuesday, November 01, 2011
Reliance Industries denies move to buy Valero Energy Corp
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