All content in this website is sourced legitimately

Page No: 1
Speculation: Can BPCL be bartered for Saudi Aramco's fertilizer assets?
Jan 15: Is it possible to have a barter deal with Saudi Aramco: A sale of BPCL in return for the purchase of SABIC's fertilizer division?
8This is pure speculation, of course,.as there can be many problems with such a barter, valuation being one of them
8What is more, the government of India is looking at funds to come into its coffers from the sale of BPCL and it is not looking at a long term involvement
8But Saudi Aramco, which is currently undertaking a $70 billion takeover of SABIC, may want to divest out of some low return businesses in which SABIC is involved, such metals and fertilizers.
8And from the Indian stand point, acquiring fertilizer assets, with low feedstock prices, -- just as it did with Oman -- may make great economic sense..
Click on Details for more

**********************************

Back  |  Top