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Talks with Reliance for refining stake at 'very early stage': Aramco
short by Krishna Veera Vanamali / on 13 Aug 2019,Tuesday
Saudi Aramco, which has signed a letter of intent to potentially buy a 20% stake in Reliance Industries' refining and petrochemicals business, said that talks are at "a very early stage". "This is very, very early stages of the deal that would allow us to conduct required due diligence going forward," Khalid Al-Dabbagh, Aramco's senior vice president of finance, said.
short by Krishna Veera Vanamali / 04:17 pm on 13 Aug
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