RIL-Aramco mega deal faces valuation hurdles2 min read 13 Aug 2020, 07:12 AM IST
The potential stake sale is prolonged due to differences on Reliance Industries Ltd’s biz value
The deal entailed Aramco taking a 20% stake in RIL’s oil and chemicals biz
MUMBAI : Differences over the valuation of the refining and petrochemicals business of Reliance Industries Ltd (RIL) is likely to prolong a potential mega deal between India’s largest private sector company and the world’s top crude oil producer, Saudi Arabian Oil Co. (Aramco), said two people, requesting anonymity.
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