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Gulf Oil Corp buys US-based Co for $1bn; stock down

moneycontrol.com

Hinduja's Gulf Oil Corporation has acquired US-based Houghton International for USD 1 billion, reports CNBC-TV18.At 09:20 hrs Gulf Oil Corporation was quoting at Rs 83.55, down Rs 2.80, or 3.24%. It has touched an intraday high of Rs 93 and an intraday low of Rs 82.30.

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