Saudi Aramco acquires 10 pct equity interest in Geely-Renault joint venture company
Jun 30, 2024
Riyadh [Saudi Arabia], June 30: Saudi Arabian Oil Company, commonly known as Saudi Aramco, has signed definitive agreements to acquire a 10 percent equity interest in HORSE Powertrain Limited, a global powertrain solutions company formed by Renault Group and Chinese automaker Geely Auto Group, the Saudi Press Agency (SPA) reported on Saturday.