Aramco Is in Advanced Talks on Up to $25 Billion Reliance Deal

Bloomberg2021-08-16

Agreement on all-stock deal could be reached in coming weeks Aramco seeking to buy about 20% stake in Reliance refinery arm Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake ...

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Boomi
2021-08-16
Boomi
Good

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAramco Is in Advanced Talks on Up to $25 Billion Reliance Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 15:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/aramco-said-in-advanced-talks-on-up-to-25-billion-reliance-deal?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agreement on all-stock deal could be reached in coming weeks\nAramco seeking to buy about 20% stake in Reliance refinery arm\n\nSaudi Aramco is in advanced talks for an all-stock deal to acquire a stake ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/aramco-said-in-advanced-talks-on-up-to-25-billion-reliance-deal?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RLNIY","symbol_name":"Reliance Industries Ltd.","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/aramco-said-in-advanced-talks-on-up-to-25-billion-reliance-deal?srnd=premium-asia","article_id":"1140277517","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140277517","pubTimestamp":1629097863,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Agreement on all-stock deal could be reached in coming weeks\nAramco seeking to buy about 20% stake i","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RLNIY":"Reliance Industries Ltd."},"translate_title":"阿美石油公司正在就高达250亿美元的信实交易进行高级谈判","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RLNIY":0.9},"content_text":"Agreement on all-stock deal could be reached in coming weeks\nAramco seeking to buy about 20% stake in Reliance refinery arm\n\nSaudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd.’s oil refining and chemicals business, people with knowledge of the matter said.\nThe Middle Eastern energy firm is discussing the purchase of a roughly 20% stake in the Reliance unit for about $20 billion to $25 billion in Aramco’s shares, the people said, asking not to be identified because the information is private. 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Ambani had said Reliance could finalize an investment deal with the oil producer this year.\nAramco said last week it was doing due diligence on the deal and that it should be completed this year.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":830714584,"gmtCreate":1629098873848,"gmtModify":1676529929056,"author":{"id":"4090982923100410","authorId":"4090982923100410","name":"Boomi","avatar":"https://static.tigerbbs.com/88c1841a6906897bfc8d6d46e47c1eb1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090982923100410","authorIdStr":"4090982923100410"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830714584","repostId":1140277517,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":24,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1140277517"}