RIL-Aramco mega deal in India faces valuation hurdles

RIL-Aramco mega deal in India faces valuation hurdles

REUTERS/Amit Dave

Differences over the valuation of the refining and petrochemicals business of Reliance Industries Ltd (RIL) is likely to prolong a potential mega deal between India’s largest private sector company and the world’s top crude oil producer, Saudi Arabian Oil Co. (Aramco), said two people, requesting anonymity.