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channelnewsasia - 29 days ago

Aramco agrees to US$12.4 billion deal to sell stake in pipelines

DUBAI: Saudi oil producer Aramco has agreed to a US$12.4 billion deal to sell a 49 per cent stake in its pipelines to a consortium led by US-based EIG Global Energy Partners. Announced late on Friday (Apr 9), it is the company s largest deal since its record US$29.4 billion initial public offering ...


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