Wednesday, 17 April 2019

SAUDI ARAMCO TO PURCHASE STAKES IN RELIANCE INDUSTRIES LIMITED


SAUDI ARAMCO TO PURCHASE STAKES IN RELIANCE INDUSTRIES LIMITED

Saudi aramco world's largest crude oil producer want to purchase 25 percent stake in in Reliance industries Limited


aramco want to purchase refining and petrochemical business of Reliance industries Limited I want to purchase 25% stake in it

Talks are in serious mode how to purchase India versus check

Saudi aramco is also world's largest oil exporter

Earlier also there was a news in the market that aramco want to purchase some stake in Reliance industry limited on to invest in Reliance industries Limited

In the month of June there could be valuation after that it there can be a deal regarding purchase of 25% stake in Reliance industries Limited


Reliance industries Limited main gate 10 to 15 Arab dollars

Reliance industries Limited business of refining and petrol chemical is 5260 Arab dollars


Reliance industries Limited market capital is 8.5 lakh crore rupees

Investment banker Goldman Sachs has given this advice aur investment deal

Saudi Arab crown Prince Mohammed bin Salman in the month of February came to India and that time he shown interest in Reliance industries Limited and news was in LimeLight that it haram to make it some stake in Reliance industries Limited


And he was searching for hundred billion dollars investment in India in next few years

CEO of aramco made with Mukesh ambani and discuss regarding this city


This meeting was done to make aramco or an investment partner with Reliance industries Limited and aramco was found by Saudi Arabia Prince family

In this investment crude and non-metals are involved

There was no comment received from Reliance for aramco regarding in this deal



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