Equity Investment in GAIL Global USA
Sector: Oil and Gas • Location: Texas, USA
Source: CNBC TV18
GAIL India Ltd approved an equity investment of up to $64 million in its wholly owned subsidiary GAIL Global Inc. The investment aims to reduce the subsidiary's outstanding loan obligations related to its shale assets in the Eagle Ford basin in Texas. The transaction will be executed through cash consideration via subscription to equity shares at face value, with GAIL retaining 100% ownership.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | GAIL India Ltd approved an equity investment of up to $64 million in its wholly owned subsidiary GAIL Global Inc. The investment aims to reduce the subsidiary's outstanding loan obligations related to its shale assets in the Eagle Ford basin in Texas. The transaction will be executed through cash consideration via subscription to equity shares at face value, with GAIL retaining 100% ownership. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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