Saudi Aramco plans to buy stake in South Korea’s Hyundai Oilbank for $1.6 billion

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Saudi Aramco, Saudi Arabia’s state-owned oil giant, plans to buy up to 19.9 percent of South Korean refiner Hyundai Oilbank for 1.8 trillion won ($1.61 billion) from Hyundai Heavy Industries Holdings . Saudi Aramco plans to buy stake in South Korea’s Hyundai Oilbank for $1.6 billion

thumbnail courtesy of reuters.com

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