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Geely Automobile Holdings Limited (GRU.SG)

Stuttgart - Stuttgart Delayed price. Currency in EUR
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1.0125-0.0090 (-0.88%)
As of 10:40AM CEST. Market open.
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Previous close1.0215
Open1.0095
Bid0.0000 x 1111100
Ask0.0000 x 840000
Day's range1.0095 - 1.0125
52-week range0.8557 - 1.3200
Volume0
Avg. volume8,698
Market cap9.046B
Beta (5Y monthly)N/A
PE ratio (TTM)5.75
EPS (TTM)N/A
Earnings date20 Aug 2024 - 26 Aug 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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  • Reuters

    Aramco to buy 10% stake in Renault-Geely thermal engines venture

    (Reuters) -Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7.93 billion). Geely and Renault will own around 45% each of the powertrain venture, called Horse Powertrain, which will supply gasoline engines, hybrid systems and gearboxes for thermal vehicles.

  • Reuters

    Aramco close to agreeing 10% stake in Renault, Geely thermal engines JV, sources say

    PARIS (Reuters) -Saudi Aramco is set to take a 10% stake in a thermal engine joint venture between Renault and China's Geely called Horse Powertrain, said two sources familiar with the matter, beefing up a business supplying legacy automakers as electric-vehicle sales slow. The agreement to take a 10% stake in the Horse Powertrain business, first reported by Bloomberg, is lower than the stake of around 20% which was cited by sources at the beginning of discussions. The transaction would value Horse Powertrain at around 7.4 billion euros ($7.92 billion), said one of the sources.