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India Glycols has approved selling a 51% stake in its specialty chemicals business to Clariant International. The business will be transferred to a wholly-owned subsidiary, IGL Green Chemicals, and then 51% will be sold to Clariant. The announcement was made on March 12, 2021.
“India Glycols had informed exchanges that it has approved selling off about 51 percent stake when it comes to the specialty chemicals business of the company.”cnbctv18.com
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