Mukesh Ambani owned Reliance gets Dutch support in LB takeover bid

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Uploaded by on Feb 3, 2010

Mukesh Ambani led Reliance industries(RIL) will get support in LyondellBasell deal. The dutch government's nodal investment agency has said it will support Mukesh Ambani's Reliance Industries Limited (RIL) if the deal goes through.

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  • This is really good news for Mukesh Ambani and the Reliance Industries team. I mean, this could be the first mega M n A deal of the year by none other than Mukesh Ambani, who is already India's most revered business leader. We've seen rounds of capital infusion by Reliance Industries through treasury share sale, but the deal seemed to be going nowhere until a few days ago. M sure this news makes everyone in Reliance, really excited about the prospects of buying LB.

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