Reliance Industries set for $15 billion boost? 25% stake sale talks in unit on with Saudi co
Saudi Aramco, the world`s largest crude oil producer, is in "serious discussions" to acquire up to a 25 percent stake in Reliance Industries` refining and petrochemicals businesse
A minority stake sale could fetch around $10 billion to $15 billion, valuing RIL`s refining and petrochemicals businesses at around $55 billion to 60 billion, the report said. Image source: Reuters