Reliance Industries to sell its stake in Asian Paints

Reliance Industries to sell its stake in Asian Paints
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13.05.2020

MOSCOW (MRC) -- Reliance Industries Ltd. is considering selling its stake in India's largest paint maker valued at about USD989 million as the conglomerate steps up efforts to trim its debt,В reported Kemicalinfo with reference to Bloomberg's report.RIL is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades, according to

Full article at mrcplast.com

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