Aramco to buy 10% stake in Renault, Geely thermal engines JV
LUBEREF -1.83%
LUBEREF 2223.SA | 118.20 | -1.83% |
June 28 (Reuters) - Saudi Aramco 2223.SE will take a 10% stake in Horse Powertrain, the thermal engine joint venture between Renault RENA.PA and Geely 0175.HK, the Chinese automaker said on Friday.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Tasim Zahid)
((Rishav.Chatterjee@thomsonreuters.com;))