MUMBAI, Nov 22 (Reuters) – India’s Reliance Industries ( RELI.BO ) is offering about $12 billion to buy a controlling interest in bankrupt chemical company LyondellBasell Industries [ACCEIN.UL] to create one of the largest petrochemical firm in the world, two sources with direct knowledge of the deal said. “The offer is in the vicinity of about $10 to $12 billion,” one source said, while another said it was around the upper end of the band

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Reliance offering about $12 bln for Lyondell – sources