Birla secures $1.5B loan for Shell acquisition

Birla secures $1.5B loan for Shell acquisition Aditya Birla Group has secured a $1.5 billion loan from MUFG to fund its acquisition of Shell’s downstream assets in India. The deal strengthens Birla’s position in the energy retail sector amid rising competition. Funding confirms strategic expansion plans in fuels and lubricants. 📊 STOCKS: ABCAPITAL | 🏢 SECTOR: Corporate | #HIGHIMPACT #M%26A