Indian Oil Corporation (IOC) said it will merge with IBP by December while the merger of IOC subsidiary Chennai Petroleum Corporation and Bongaigaon Refinery & Petrochemicals has been delayed. M.S. Ramachandran, chairman and managing director of IOC, told the Business Standard: “There is no tax or legal roadblock. We have appointed J P Morgan…
Indian Oil says it will merge with IBP by December
Posted on October 1, 2004 by EnergyAsia