US petroleum giant Chevron is poised to acquire 21% stake in Reliance Petroleum for over US$6 bln (Rs 24,000 crore). This translates to per share price over Rs 250, at roughly a 15% premium on the prevailing market price.
For more details please click on the following link
http://192.168.16.131/plasticnews_desc.asp?news_id=11159&P=P
Sunday, November 04, 2007
Chevron mulls acquisition of 21% stake in Reliance Petroleum for US$6 bln
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