Why This Stock Is Sure To Rise Significantly In 2022
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Saudi Aramco shows interest in buying Valvoline's commercial unit - sources
https://www.reuters.com/business/energy/saudi-aramco-approaches-valvoline-about-takeover-deal-wsj-2022-05-25/
May 25 (Reuters) - Oil giant Saudi Aramco (2222.SE) has approached motor oil and lubricant maker Valvoline Inc (VVV.N) to buy its segment that caters to commercial customers, sources familiar with the matter told Reuters on Wednesday.
Valvoline, which is valued at $5.4 billion as of Tuesday's closing price, had last year decided to separate its retail services and global products division, following a strategic review.
#ipomarketwatch #VVVstock #valvoline
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Genre and Mood: Dance & Electronic + Inspirational
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