Reuters: Mergers News: India's Gail has $1 bln ready to buy shale gas assets

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

India's Gail has $1 bln ready to buy shale gas assets Jun 7th 2012, 01:55 KUALA LUMPUR, June 7 | Wed Jun 6, 2012 9:55pm EDT KUALA LUMPUR, June 7 (Reuters) - India's GAIL (India) Ltd has allotted nearly $1 billion to fund purchases of shale gas assets in the United States and Canada, B.C. Tripathi, chairman and managing director of GAIL India, said on Thursday.

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