IHS Chemical Week

People & Business :: Companies

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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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