Saudi Arabia’s oil and gas giant Saudi Aramco could take a stake in French automaker Renault’s (OTCPK: RNSDF) future thermal engine business after it separates it from its electric vehicle division. According to a Reuters report on Tuesday, China's Geely Automobile Holdings and an oil group are in talks over taking stakes in Renault’s fossil-fuel engine business.
The report notes that Japanese carmaker Nissan (OTCPK: NSANY), does not plan to take a stake in the combustion engine business. Renault is in the process…Aramco Set To Take Stake In Renault's Future Thermal Engine Business
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