State owned Indian Oil and Oil India may hike their combined takeover offer for the Middle East-focused oil firm Gulfsands Petroleum after the UK based firm rejected their GBP 400 million bid.
A source closely linked to the transaction said that “Yes, I can confirm that IOC-OIL
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Monday, March 22, 2010
IOC-OIL may hike GBP 400 million bid for Gulfsands
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