Saudi Aramco to pay $1.6 bn for stake in S.Korea’s Hyundai Oilbank
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.
