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IOC in talks to acquire equity in Singaporean oil firm.

Publication: PTI - The Press Trust of India Ltd.

Publication Date: 23-JUN-05
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COPYRIGHT 2005 Asia Pulse Pte Ltd

New Delhi, Jun 23 (PTI) Stat-owned Indian Oil Corp (IOC) on Thursday said it was in talks to acquire equity stake in a Singapore-based oil firm.

"The Board of Directors of the company has accorded in-principle approval to pursue the opportunity for acquisition of equity stake in an oil...

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