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Saudi Aramco's $2.65 billion Valvoline’s global products business acquisition filed in India

By Freny Patel
  • 15 Jan 2023 22:08
  • 15 Jan 2023 22:08
Initial merger review
Saudi Arabian Oil Company's $2.65 billion acquisition of Valvoline's global products business has been filed for merger clearance with India’s antitrust watchdog.

On Aug. 1, 2022, the state-owned oil company, known as Saudi Aramco, announced its global plans to acquire Valvoline Global Products, or VGP — a global producer of automotive, commercial and

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Freny Patel

Correspondent

Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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