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January 28, 2019Saudi Aramco to pay $1.6 billion for stake in South Korea’s Hyundai Oilbank
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State-owned Saudi Aramco plans to buy a stake of up to 19.9 percent of South Korean refiner Hyundai Oilbank from Hyundai Heavy Industries Holdings, for 1.8 trillion won ($1.61 billion), driving up shares of the parent 6.6 percent.
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