Australian mining moguls who have gatecrashed the country’s recent international lithium deals have pushed bankers into trying fresh measures to fend off interlopers unwilling to pay the full price for their target.
A meeting of the Board of Directors of Seamec Ltd will consider and evaluate a draft composite scheme of arrangement in connection with a proposal of demerger / amalgamation between the Company and HAL Offshore Ltd.
The Board of Reliance Industries Ltd have approved a scheme of arrangement under which the EPC and Infrastructure Undertaking of Reliance Projects and Property Management Services Ltd, a wholly-owned subsidiary of RIL is proposed to be demerged into RIL.