Saudi Aramco to enter South American retail market via Esmax acquisition
- Date: 17-Sep-2023
- Source: Mubasher
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Aramco to enter South American retail market via Esmax acquisition
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) plans to acquire the entire shares of Esmax Distribusción SpA from Latin America-focused private equity firm Southern Cross Group. The potential acquisition will mark Aramco’s first Downstream …