India’s biggest private sector company Reliance Industries Ltd is exploring the possibility of a major global acquisition in the oil and gas space a deal that could be worth $1-2 billion. Sources close to RIL confirmed that the company is currently doing due diligence on four overseas companies including the assests of bankrupt petrochemicals company Lyondellbasell for a possible acquisition.
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According to RIL spokeperson RIL reviewing for growth in its core business.
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