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Reliance's US Unit Buys $12 Million Stake in Helium Explorer Wavetech Helium
(Reuters) - Reliance Industries' U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday, in a move aimed at expanding its low-carbon energy segment.
Reliance subsidiary acquires US-based Wavetech Helium for $12 million
WHI is a US-based helium gas exploration and production company engaged in the acquisition, exploration, and development of properties to produce helium gas from underground reservoirs.
RIL arm acquires 21% stake in US-based Wavetech Helium for $12 million
The acquisition, according to industry sources, is seen as RIL's attempt to gain further understanding and explore potential in the helium-related segment
Reliance Industries acquires 21% stake in Wavetech Helium for $12 million
Stock Purchase Agreement with Wavetech Helium, Inc. (WHI) and subscribed to a 21% stake of WHI for an aggregat
Bloomberg L.P.
1d
Analysts Bullish on Reliance Comeback While Adani Stocks Remain Under Scrutiny
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on MSN
Masterstroke by Mukesh Ambani: After Campa, Reliance all set to compete with….; company to implement similar….
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Asian News International
3h
Reliance Industries acquires 21% stake in US-based WHI for USD 12 Million
Reliance Finance and Investments USA LLC (RFIUL), a step-down wholly owned subsidiary of the company, November 27, entered ...
Daily Post Nigeria on MSN
1h
Abia Assembly creates new ministry to minimize state’s reliance on federal allocation
The bill which was sponsored by Majority Leader, Okoro Uchenna Kalu, (Arochukwu State Constituency), received accelerated ...
4d
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TSMC's Phoenix chip factories likely won't erase the US's reliance on Taiwan
TSMC's US factories likely won't produce the company's most advanced chips, but the Taiwan factories will.
moneycontrol.com
3h
Reliance Industries arm acquires 21% stake in US-based Wavetech Helium for $12 million
Reliance
Industries Ltd (RIL) on November 28 said its wholly owned subsidiary
Reliance
Finance and Investments USA LLC acquired 21% stake in US-based Wavetech Helium for $12 million. WHI was ...
7d
Data-center reliance on fossil fuels may delay clean-energy transition
A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate: ...
1d
After Cola push, Reliance in 'disruptive' mode, again
Reliance Consumer Products offers double margins to distributors. The company aims to boost sales of its grocery and daily ...
2h
on MSN
iPhone 16 Price Drops To Rs 70,900 During Reliance Digital's Black Friday Sale: How To Get The Deal
Reliance Digital's Black Friday Sale offers the iPhone 16 at Rs 70,900 with discounts, bank offers, and No-Cost EMI.
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