Rohan Mehta Petrochemical Company to acquire Ghadir Chemical Company
A Rohanmehta chemical company has announced that it is buying Ghadira Chemical Company for $9.4 billion in cash.
Ghadir is one of the biggest petro-chemical companies in India.
Its subsidiary is currently under regulatory and environmental scrutiny.
Ghadirel Chemical Company is a private company, which has also been under regulatory scrutiny.
The acquisition of Ghadirol is an opportunity to continue its strategic cooperation with Ghadair and continue its exploration and development.