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Hinduja weighs sale of share in Saudi ventureA unit of Indian conglomerate Hinduja Group has hired Deutsche Bank to consider options for a 49 percent stake in a Saudi lubricants venture valued at up to $700 million, three sources said. Jed More… |
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$1bn Petromin Saudi IPO plannedIndia's Hinduja Group plans to launch the initial public offering in Saudi Arabia, of its subsidiary Petromin, to raise $800 million to $1 billion this year, a group official said on Wednesday. Lubricants maker Petromin is an equal joi More… |
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Gulf Oil buys Saudi PetrominGulf Oil International Ltd, a Hinduja Group company, along with its joint venture partner the Dabbagh Group in Saudi Arabia, today announced the acquisition of Petromin. Petromin is a joint venture between Saudi Aramco (71 per cent) and Mo More… |
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Hinduja firm acquires PetrominGulf Oil International Ltd, a Hinduja Group company, along with its joint venture partner the Dabbagh Group in Saudi Arabia, today announced the acquisition of Petromin. Petromin is a joint venture between Saudi Aramco (71 per cent) and Mo More… |
