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No plan to assume Lyondellbasell debt: RIL
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No plan to assume Lyondellbasell debt: RIL
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Published On: December 09, 2009
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Reliance Industries is lining up around $10 billion to buy a stake in global petrochemical major LyondellBasell. However, it won't touch its debt. LyondellBasell is nearing date of emerging bankruptcy protection and looks set to be cased by suitors.
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