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Page 102 - நம்பகத்தன்மை தொழில்கள் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Delhi HC to hear Future s plea against status quo on Reliance deal

Delhi HC to hear Future’s plea against status quo on Reliance deal © Provided by Hindustan Times The Delhi High Court will on Thursday hear a plea by Future Retail Limited (FRL) challenging the status quo on its $3.4 billion sale of retail assets to Reliance Industries Limited. FRL’s lawyer, Darius Khambata, mentioned the matter urgently before the court on Wednesday and asked it to hear the matter on the same day after the status quo order was passed by a single bench of the high court. Opposing the urgent mentioning, senior advocate Rajiv Nayyar, who appeared for Amazon, said the procedure of the court should be followed. Following this, the matter was posted for hearing on Thursday.

RIL subsidiary to sell shale play assets in Pennsylvania

RIL subsidiary to sell shale play assets in Pennsylvania © India Today Group RIL subsidiary to sell shale play assets in Pennsylvania Reliance Marcellus, LLC (RMLLC), a wholly-owned subsidiary of Reliance Industries Limited (RIL), today announced to divest its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, currently operated by various affiliates of EQT Corporation (EQT), will be sold to Northern Oil and Gas, Inc (NOG), a Delaware corporation, for $250 million cash and warrants that give entitlement to buy 3.25 million NOG common shares at $14 per common share in next seven years. The agreement between RMLLC and NOG was signed on February 3. Citigroup Global Markets, Inc, acted as financial adviser to Reliance and Gibson, Dunn & Crutcher LLP served as its legal counsel.

Reliance Marcellus, LLC inks agreement to sell assets of Marcellus shale play of south-western Pennsylvania

Reliance Marcellus, LLC inks agreement to sell assets of Marcellus shale play of south-western Pennsylvania Posted On: 2021-02-03 22:57:32 (Time Zone: Arizona, USA) Reliance Marcellus, LLC ( RMLLC ) a wholly owned subsidiary of Reliance Industries Limited ( RIL ), announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation ( EQT ), have been agreed to be sold to Northern Oil and Gas, Inc ( NOG ), a Delaware corporation, for a consideration of $250 million cash and warrants that give entitlement to purchase 3.25 million common shares of NOG at an exercise price of $14.00 per common share in next seven years.

Reliance has its southwestern Pennsylvania subsidiary assets worth Rs Agreed to sell for 1823 crores | રિલાયન્સ તેની દક્ષિણ-પશ્ચિમ પેન્સિલ્વેનિયાની સબ્સિડીયરીની અસ્કયામતો રૂ 1823 કરોડમાં વેચવા સમજૂતી કરી

Reliance has its southwestern Pennsylvania subsidiary assets worth Rs Agreed to sell for 1823 crores | રિલાયન્સ તેની દક્ષિણ-પશ્ચિમ પેન્સિલ્વેનિયાની સબ્સિડીયરીની અસ્કયામતો રૂ 1823 કરોડમાં વેચવા સમજૂતી કરી
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