Saudi Aramco agrees to purchase 100% equity stake in Esmax …
- Date: 15-Sep-2023
- Source: Zawya
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Aramco agrees to purchase 100% equity stake in Esmax …
Saudi Arabian oil giant Aramco (2222.SE) agreed to purchase a 100% equity stake in Chile's Esmax Distribución SpA (Esmax) from Southern Cross Group, the company said in a statement on Friday.
"The transaction is subject to certain customary conditions, including regulatory approvals," the statement added.
(Reporting by Enas Alashray and Alaa Swilam;)
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