{"id":401150,"date":"2021-02-19T12:00:32","date_gmt":"2021-02-19T06:30:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=401150"},"modified":"2021-02-19T12:11:25","modified_gmt":"2021-02-19T06:41:25","slug":"reliance-industries-gains-as-company-finalising-o2c-hiveoff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-gains-as-company-finalising-o2c-hiveoff\/","title":{"rendered":"Reliance Industries gains as company finalising O2C hiveoff"},"content":{"rendered":"<p>NEW DELHI: Reliance Industries shares gained over 1 per cent on Friday after ET reported that the conglomerate is finalising the contours of demerging its oil-to-chemicals (O2C) business into a wholly-owned subsidiary. The move will help the company attract global investors like Saudi Aramco, said people familiar with the exercise.<\/p>\n<p>Talks between both sides are back on track, they added. Deal negotiations between the two sides are expected to gather momentum from April of 2021. The final deal may see a combination of stock swap and cash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries shares gained over 1 per cent on Friday after ET reported that the conglomerate is finalising the contours of demerging its oil-to-chemicals (O2C) business into a wholly-owned subsidiary. The move will help the company attract global investors like Saudi Aramco, said people familiar with the exercise. Talks between both sides are back on track, they added. Deal negotiations between the two sides are expected to gather momentum from April of 2021. The final deal may see a combination of stock swap and cash.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-401150","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=401150"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401150\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=401150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=401150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=401150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}