India: Mercator in talks to acquire state-owned DCIL

India: Mercator in talks to acquire state-owned DCIL

Photo: Dredging Corporation of India (DCIL) website

Mercator Ltd (earlier known as Mercator Lines Ltd), which operates shipping, dredging, coal and oil and gas businesses, has shown preliminary interest in acquiring state-owned Dredging Corp. of India (DCIL), two people aware of the development said.

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