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India & Pakistan Bankruptcy News. Service for global professionals. Constantly updated news and information about India & Pakistan Bankruptcy.
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Latest India & Pakistan Bankruptcy News

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  • Reliance Industries Makes Offer for Bankrupt LyondellBasell to Grow Abroad 23 Nov 2009 03:15 GMT
    ... , India’s most valuable company, bid for bankrupt chemicals and fuels maker LyondellBasell Industries AF, ... percent of the company’s assets are in India. The Financial Times today cited an unnamed person ...

  • Reliance Bids for Bankrupt LyondellBasell to Expand Overseas 23 Nov 2009 00:35 GMT
    ... biggest company by market value, bid for bankrupt chemicals and fuels maker LyondellBasell Industries AF, ... at least $12 billion, the Times of India reported yesterday, citing an unidentified banker. “It’s not ...

  • RIL Submits Preliminary Non-Binding Offer To Acquire Bankrupt Lyondell 23 Nov 2009 06:13 GMT
    ... RIL Submits Preliminary Non-Binding Offer To Acquire Bankrupt Lyondell (RTTNews) - Reliance Industries Ltd., or ... side to the entire deal is that India Inc's appetite for mergers and acquisitions is back ...

  • India Inc in News - November 23 23 Nov 2009 03:30 GMT
    ... Following are the important business news carried by ... could pay up to USD12 billion for bankrupt petrochemicals company LyondellBasell, bankers familiar with the ...

  • Reliance Makes Bid for Chemical Giant 23 Nov 2009 02:41 GMT
    ... MUMBAI, India - Reliance Industries, the largest private company in ... in a merger in 2007, filed for bankruptcy protection in January. The bankruptcy court is ...

  • Reliance Bids for LyondellBasell to Expand Overseas 23 Nov 2009 06:57 GMT
    ... the world’s largest oil-refining complex, bid for bankrupt chemicals and fuel maker LyondellBasell Industries AF, ... whereas Reliance can’t get any bigger in India,” said Shum, a senior principal at the ...

  • Reliance Bid for Lyondell Under $12 Billion Positive, CLSA Says 23 Nov 2009 12:15 GMT
    ... ’s bid for bankrupt chemicals and fuels maker LyondellBasell Industries AF ... reduce the risk of investing mostly in India, where it is battling a lawsuit over natural ...

  • Reliance shares up on value in Lyondell deal 23 Nov 2009 07:54 GMT
    ... Mumbai: Shares in energy major Reliance Industries rose ... Monday as traders said its offer for bankrupt petrochemicals company LyondellBasell Industries was well timed ...

  • Reliance shares rise over Lyondell bid 23 Nov 2009 12:10 GMT
    ... Published: November 22 2009 08:24 | Last updated: ... for a controlling stake in LyondellBasell, the bankrupt Dutch-based US petrochemical giant. “We believe that ...

  • RIL all set to make India's biggest ever global acquisition 23 Nov 2009 08:53 GMT
    ... it emerges as the successful bidder for bankrupt LyondellBasell-- one of the world's largest polymers, ... would act as a catalyst to drive India Inc's shopping spree and would also give a ...

  • Ciena trumps NSN to buy Nortel ops for $769 million: sources 23 Nov 2009 06:31 GMT
    ... optical networking and carrier ethernet business of bankrupt Nortel for $769 million, after trumping Nokia ... company has said North America along with India, Japan and China, are its four top growth ...

  • Ciena trumps NSN to buy Nortel ops for $769 mln -sources 23 Nov 2009 06:33 GMT
    ... optical networking and carrier ethernet business of bankrupt Nortel for $769 million, after trumping Nokia ... company has said North America along with India, Japan and China, are its four top growth ...

  • Indian Stocks Rise a Second Day; Reliance Gains on Acquisition 23 Nov 2009 09:37 GMT
    ... Nov. 23 (Bloomberg) -- India’s stocks rose for a ... biggest publicly traded company said it’s buying bankrupt chemicals and fuels maker LyondellBasell Industries AF. ...

  • Ciena buys Nortel ops for $769 million: sources 23 Nov 2009 10:19 GMT
    ... optical networking and carrier ethernet business of bankrupt Nortel for $769 million, sources told Reuters, ... its top four growth targets, along with India, Japan and China. Nortel has yet to sell ...

  • India's Reliance Industries offers to acquire LyondellBasell 23 Nov 2009 11:54 GMT
    ... Netherlands-based company, whose operation is currently under bankruptcy protection, said the source familiar with the ... an Asian polymer trader who sells into India. Investment bank Cazenove said that on first glance ...


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