Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely

Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain 45% equity stakes

Aramco and FIFA announce global partnership

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a four-year global partnership with FIFA.