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India's Gulf Oil buys U.S. chemicals company for $1 billion

Tuesday, November 6, 2012

WN.com - Business News
Latest headlines from WN Network
India's Gulf Oil buys U.S. chemicals company for $1 billion
Nov 7th 2012, 06:10

MUMBAI (Reuters) - Indian lubricants maker Gulf Oil Corp said on Tuesday it has acquired U.S.-based specialty chemicals company Houghton International from a private equity fund for $1.05 billion. Gulf Oil, part of the diversified Hinduja Group, said Houghton's strong presence in the industrial segment would complement its own range...
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