Saudi Aramco to sell more assets in multi-billion dollar push - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Saudi Aramco to sell more assets in multi-billion dollar push

The Saudi Arabian state-controlled firm created a new team to review its assets last year, soon after the coronavirus pandemic triggered a plunge in energy prices and strained its balance sheet. Aramco raised $12.4 billion by selling leasing rights over oil pipelines to a U.S.-led group of investors in April.

from Stocks-Markets-Economic Times
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