Saudi Aramco in talks for 25% of Reliance refining, petrochemical units

Saudi Aramco in talks for 25% of Reliance refining, petrochemical units
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19.04.2019

MOSCOW (MRC) -- Saudi Aramco, the world's largest crude oil producer, is in "serious discussions" to acquire up to a 25% stake in Reliance Industries' refining and petrochemicals businesses, reported ReutersВ with reference to the Times of India.A minority stake sale could fetch around USD10 billion to USD15 billion, valuing the Indian company's refining and petrochemicals businesses at

Full article at mrcplast.com

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