IPCL - Reliance Industries Merger
March 7th, 2007
Late news broke today that Reliance Industries will merge IPCL with itself. The merged entity will place Reliance Industries to a more better position making it one of the best in its section in the region.
The swap ratio according to analysts puts it as 5.5 shares of IPCL for 1 share of Reliance Industries. The board meeting is on March 10, 2007
Entry Filed under: Oil & Petro Chemicals
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