Reliance planning a takeover of LyondellBasell?

With signs of green shoots showing in economies worldwide, India¬† Inc’s appetite for overseas acquisitions got a fresh lease of life with Reliance Industries’ estimated $10-12 billion offer for a controlling interest in bankrupt LyondellBasell Industries. The deal by India’s largest private sector company controlled by Mukesh Ambani, if closed, will make it one of…