IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Reports: Indian government to sell 12.5% stake in RCF

4:05 PM MST | March 6, 2013 | Francinia Protti-Alvarez

The Indian government has fixed 8 March 2013 as the date when it will divest a 12.5% stake in Rashtriya Chemicals & Fertilisers (RCF; Mumbai) through an offer for sale (OFS) mechanism. The government currently owns 92.5% of RCF, which will come down to 80% after the OFS. The OFS is expected to raise more than 3 billion rupees ($54.6 million) for the government, at the current share price of Rs44.55, reports from the Economic Times and Wall Street Journal say. The sale is part of the government's plan to raise a total of Rs300 billion via the sale of stakes in...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa