DUBAI, Nov 27 (Reuters) - A unit of family-owned Indian conglomerate Hinduja Group has hired Deutsche Bank to evaluate the potential sale of its 49-percent stake in a Saudi Arabian lubricants venture that is valued at up to $700 million, three sources said. Jeddah-based Petromin is a joint venture between Gulf Oil International Group, a unit of Hinduja, and family-owned Dabbagh Group in Saudi Arabia, with the Saudi partner holding a 51-percent stake. The two ...
Premium Content (PAID Subscription Required)
"India's Hinduja picks Deutsche to weigh sale of Saudi venture - sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642