Mumbai: Mukesh Ambani, India's richest man, is faced with a prospect he has only rarely encountered: Not getting what he wants. After months in pursuit of LyondellBasell, Ambani's Reliance Industries appears set to fall short in a takeover bid valuing the petrochemicals group at $14.5 billion. Instead, Luxembourg-based Lyondell is poised to file a reorganisation plan that may lead it out of bankruptcy. Ambani, whose net worth was estimated at $32 billion by Forbes in November, is likely...
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