Aramco reportedly in advanced talks with India's Reliance Industries on deal worth up to $25 billion - NewsBreak
By Yoongi in Business
Updated 3 years ago
An agreement could be reached as soon as the coming weeks, according to the report, which cited people with knowledge of the matter. Reliance announced a sale of a 20% stake in its oil-to-chemicals business to Aramco for $15 billion in 2019, but the deal stalled after oil prices and demand crashed last year due to the pandemic.