Oil giant Saudi Arabia is in advanced talks to acquire about 20% stake in Reliance Industries Ltd for $20 billion to $25 billion. The deal in Reliance will be all-stock,…
Saudi Aramco prepares to raise $5 billion from global capital markets to fund its $75 billion dividends, according to Bloomberg. The company has picked about 15 banks to manage sales…
Saudi Arabia is seeking to sell 1% stake in Aramco to a ‘leading global energy company’ for close to $19 billion, according to Bloomberg. The deal aims to generate customer…