Aramco acquires 40% of Gas & Oil Pakistan Ltd (GO) to enter Pakistan's fuels retail market
Acquiring Company
Aramco
Acquired Company
Gas & Oil Pakistan Ltd (GO)
Description
Aramco, a global leader in integrated energy and chemicals, has acquired a 40% equity stake in Gas & Oil Pakistan Ltd (GO), marking its entry into Pakistan’s fuels retail market. This acquisition underscores Aramco’s confidence in Pakistan’s economic potential and its commitment to the country’s growth.
Quick answer
Aramco is acquiring Gas & Oil Pakistan Ltd (GO), announced April 29, 2024. Aramco is based in Dhahran, Eastern Province, Saudi Arabia.
- How much did Aramco pay for Gas & Oil Pakistan Ltd (GO)?
- The deal value was not disclosed.
- What does Aramco do?
- As one of the world's leading integrated energy and chemicals companies, our global team is dedicated to creating impact in all that we do, from providing crucial oil supplies to developing new energy technologies.
- Where are Aramco and Gas & Oil Pakistan Ltd (GO) based?
- Aramco is based in Dhahran, Eastern Province, Saudi Arabia. Gas & Oil Pakistan Ltd (GO) is based in Pakistan.
- Who are the decision-makers at Aramco?
- Fundz holds 2 contacts at Aramco. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Gas & Oil Pakistan Ltd (GO)?
Gas & Oil Pakistan Ltd (GO) was acquired by Aramco, based in Dhahran. The deal was reported on April 29, 2024. As one of the world's leading integrated energy and chemicals companies, our global team is dedicated to creating impact in all that we do, from providing crucial oil supplies to developing new energy technologies. Aramco is privately held and operates in Energy.
When did Aramco acquire Gas & Oil Pakistan Ltd (GO)?
Aramco's acquisition of Gas & Oil Pakistan Ltd (GO) was reported on April 29, 2024. Aramco, a global leader in integrated energy and chemicals, has acquired a 40% equity stake in Gas & Oil Pakistan Ltd (GO), marking its entry into Pakistan’s fuels retail market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gas & Oil Pakistan Ltd (GO) do?
Gas & Oil Pakistan Ltd (GO) is a licensed oil marketing company operating in Pakistan, involved in the procurement, storage, sale, and marketing of petroleum products and lubricants. It is privately held, operating in Manufacturing, and is based in Pakistan.
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