Aditya Birla Group Firm in Talks to Secure $1.5 Billion Loan for Shell Acquisition
An arm of India's Aditya Birla Group is seeking a $1.5 billion loan. The funds are intended to finance the acquisition of a petrochemicals unit from Shell. The deal involves Shell's UK-based subsidiary, Stanlow. This move is part of the Indian conglomerate's strategic expansion in the petrochemicals sector.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Discussion (0)
Log in to join the discussion and vote.
Log in