State oil giant Saudi Aramco approached Valvoline Inc. about a potential takeover of one of its units.
Saudi Aramco Valvoline Plant- 1 Unit Takeover
Talks are early-stage and there are no guarantees the two sides will reach agreement, they said in a media.
Saudi Aramco Valvoline Plant
- Talks Continue
Valvoline Share price rises more than 13% Wednesday after The Wall Street Journal reported on the talks.
Saudi Aramco Valvoline Plant- Shares Rose High
Valvoline said in a statement that it continues to work on its separation process with the goal of setting both businesses up.
Saudi Aramco Valvoline Plant- Setting Business
Saudi Aramco Oil Giant is currently looking to develop opportunities in refining and petrochemicals.
Saudi Aramco Valvoline Plant- Opportuunity
The Saudi Aramco interest in Valvoline marks its latest move to expand its downstream business.
Saudi Aramco Valvoline Plant- Downstream Biz
Saudi Aramco bought a stake in a Polish refinery and said it would invest in a 300,000-barrel-a-day refining.
Saudi Aramco Valvoline Plant- Polish Refinery
Saudi Aramco is expanding its petrochemical refineries and for this they need a company with business experience.
Saudi Aramco Valvoline Plant- What Next
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