Japanese shipping major Mitsui OSK Lines (MOL) will acquire strategic stake in six group companies of Mukesh Ambani-led Reliance Industries Ltd (RIL). Reliance Ethane Holding Pte Ltd (REHPL), a wholly-owned subsidiary of RIL, has 100 per cent holding in six limited liability companies which own very large ethane carriers. MOL of Japan and a strategic minority investor have signed binding definitive agreements for an investment in the six special purpose limited liability companies.
Mitsui OSK Lines to acquire stake in six group companies of Reliance
Date posted: Thursday 18 April 2019