Reliance submits interest in Canada firm Value Creation: Report
The Canadian firm holds oil sands assets, the report said.
MUMBAI: Energy major Reliance Industries Ltd has submitted a $2 billion expression of interest for private Canadian firm Value Creation Inc, a television channel reported on Friday.
The Canadian firm holds oil sands assets, the report said.
A Reliance spokesman said he had no immediate comment.
Reliance, India's largest listed company with interests in petrochemicals, refining, oil and gas exploration, and retail, is already looking to buy bankrupt petrochemicals maker LyondellBasell for around $13.5 billion.
The Canadian firm holds oil sands assets, the report said.
A Reliance spokesman said he had no immediate comment.
Reliance, India's largest listed company with interests in petrochemicals, refining, oil and gas exploration, and retail, is already looking to buy bankrupt petrochemicals maker LyondellBasell for around $13.5 billion.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
Related Articles
Reliance Industries Ltd: Poised for robust growth in future, say analysts; know whyADVERTISEMENT
