BRIEF-Saudi Aramco Completes Acquisition Of 10% Stake In Horse Powertrain-February 2024-www.financetom.com

BRIEF-Saudi Aramco Completes Acquisition Of 10% Stake In Horse Powertrain

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BRIEF-Saudi Aramco Completes Acquisition Of 10% Stake In Horse Powertrain

Dec 2, 2024 3:47 AM

Dec 2 (Reuters) - SAUDI ARABIAN OIL CO:

* ARAMCO COMPLETES ACQUISITION OF 10% STAKE IN HORSE

POWERTRAIN

LIMITED

* INVESTMENT IS BASED ON A EUR 7.4 BILLION ENTERPRISE

VALUATION OF

HORSE POWERTRAIN

* RENAULT GROUP AND GEELY (THROUGH GEELY HOLDING AND GEELY

AUTO)

EACH RETAIN A 45% EQUITY STAKE IN HORSE POWERTRAIN

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