LyondellBasell says Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under Chapter 11 bankruptcy protection. Value of the cash offer was not disclosed. Reliance Industries’ offer “represents a…

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Chapter 11 Title 11 United States CodeBusinessLyondellBasellChemical industryChemicals

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LyondellBasell gets buyout offer from Reliance