Lanxess ABS has entered into an agreement with its promoters Rakesh Agrawal, Uma Agrawal, Vishal Agrawal, Rahul Agrawal, Geetganga Investments and Tash Investments to sell their shares in the company to INEOS ABS (Jersey), controlled by the British chemical group INEOS. The finanical details were not disclosed in the release.
The parties expect the transaction to be completed by the end of September 2007.
02-Jul-07 
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