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Aramco Looks to Diversify With 20% Stake in India’s Reliance Energy Business

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Saudi Aramco buys a 20% stake in the energy unit of India’s Reliance as it tries to diversify outside Saudi Arabia before its planned IPO

Saudi Aramco is buying a 20% stake—worth some $15 billion including debt—in India’s Reliance Industries’ oil and chemicals business, a move that would help match its enormous crude production with refining capacity, as it gears back up for a planned initial public offering.

The move would represent one of Aramco’s biggest forays overseas, and comes as it is trying to win over potential global investors for a possible listing that is now back on the front burner among Aramco executives and Saudi government officials.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

I told you you little brat. I was never married to that man.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 98. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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