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Dabbagh plans stake sale in lubricants armSaudi Arabia's Dabbagh Group is planning to sell a 19 percent stake in its lubricants business Petromin ahead of a potential public offering of the unit in 2015, banking sources aware of the matter said on Monday. Proceeds fro More… |
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Hinduja weighs sale of share in Saudi ventureA unit of Indian conglomerate Hinduja Group has hired Deutsche Bank to consider options for a 49 percent stake in a Saudi lubricants venture valued at up to $700 million, three sources said. Jed More… |
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Dabbagh to sign packaging JV with US firmNational Scientific Company (NSC), a subsidiary of Saudi-based Dabbagh Group Holding, will establish a flexible products joint venture (JV) with US-based Greif, a leader in industrial packaging services. Greif will manage the JV, 50 per ce More… |
