Saudi Arabian state oil giant Saudi Aramco denied on Sunday it had bid for the purchase of LynodellBasell Industries NV’s refinery in Houston.
Sources familiar with the matter had told Reuters on Friday that at least three firms including Aramco had bid over $1 billion for the refinery, with the Saudi firm seen as the front-runner among the bidders.
“The company did not bid for the referred venture,” an Aramco statement said.
By Maha El Dahan
LinkedIn Twitter Xing EmailWhen I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon […]
LinkedIn Twitter Xing EmailFirm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing […]
LinkedIn Twitter Xing EmailThe Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which […]