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MOL acquires stake in Reliance’s VLECs

Reliance Industries announced today that its wholly owned unit Reliance Ethane Holding has struck a deal with Mitsui OSK Lines for a strategic investment into the Indian company's six very large ethane carriers

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Reliance did not disclose the value of the deal but said that the transaction was subject to regulatory approvals

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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