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Valvoline

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Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report
May 26th, 2022 - 06:47 GMT

Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report

Saudi Aramco is considering acquiring Valvoline Inc.'s unit that sells lubricants among other automotive products to commercial customers, Wall Street Journal first reported citing sources familiar with the matter. The Saudi oil giant has approached Valvoline to acquire its global products business, Bloomberg reported citing unidentified people familiar with the matter too. The talks between the two entities are still in the early stages and there is no guarantee that ...
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