Thailand's Indorama to buy majority stake in Israel's Avgol for $314m

Thailand's Indorama to buy majority stake in Israel's Avgol for $314m

Image from Indorama Ventures website.

Bangkok-based petrochemical producer Indorama Ventures has agreed to buy a 65.72 percent stake in Israel’s Avgol Industries for about $314 million, the companies said on Sunday.

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