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Videocon Industries Acquires Over 12% In Anadarko, Indonesia

BY  Sarimul Islam Choudhury
Videocon has made a capital outlay of $11.12 M, which will be incurred by the end of 2010.

Videocon Industries Ltd has acquired a 12.5% stake in an Indonesian gas farm Anadarko Indonesia Nunukan Company, a wholly owned subsidiary of Anadarko Petroleum Corporation, USA. For the transaction, Videocon has made a capital outlay of $11.12 million,...

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