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Chevron to offload stake in RPL: Sources

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  • Published On: October 23, 2008
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US oil major Chevron Corp is set to exit Mukesh Ambani's Reliance Petroleum Ltd, by selling its 5 per cent stake in the company back to Reliance Industries, after marketing talks between the Chevron and RIL failed, sources told NDTV. It is learnt that the stake sale would happen at RPL's IPO price of Rs 60 a share.
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