Prospective bidders visit virtual data room for Haldia Petrochemicals Ltd

15-Jul-13
The six prospective bidders, GAIL, Indian Oil and ONGC, Reliance Industries, Cairn India and Jindal Petroleum, who had evinced interest in buying out West Bengal government's stake in Haldia Petrochemicals Ltd (HPL), have visited the virtual data room of the company, as per economictimes.com. The virtual data room consists of all the information regarding the company which would help the prospective bidders in doing due diligence of the company. All the six companies which had responded to the expression of interest (EoI) floated by the transactional advisor have visited the virtual data.
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