Saudi Aramco acquires 10% equity interest in Geely-Renault joint venture company

Visitors gather at Saudi Aramco’s booth during an expo in Abu Dhabi, the United Arab Emirates. [Photo/Agencies] RIYADH — Saudi Arabian Oil Company, commonly known as Saudi Aramco, has signed definitive agreements to acquire a 10 percent equity interest in HORSE Powertrain Limited, a global powertrain solutions company formed by Renault Group and Chinese automaker … Continue reading Saudi Aramco acquires 10% equity interest in Geely-Renault joint venture company