IHS Chemical Week

People & Business :: M&A

Indian Oil's bid for Haldia Petrochemicals accepted by government

2:15 AM MDT | October 11, 2013 | Natasha Alperowicz

The government of West Bengal has accepted Indian Oil Corp.’s (IOC; New Delhi) bid to acquire the government’s 39.9% stake in Haldia Petrochemicals (HPL; Kolkata), the only major producer of petrochemicals on the east coast of India, the government said on Thursday. “After several rounds of discussion among the group of ministers, we have decided to accept IOC’s bid. It is higher by several notches than the reserve price. We have decided to sell the West Bengal government’s stake in HPL to save the company and make sure that fresh...

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 © 2012 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