It's vying to be a top 5 world player by linking with OEMs and improving on its appeal.
WHEN Petroliam Nasional Bhd (Petronas) acquired FL Selenia SpA, Europe's largest independent producer of branded automotive lubricants and specialist fluids from private equity firm Kohlberg Kravis Roberts & Co LP in late 2007 for close to 1billion euros (RM5bil at the time), the objective was to realise aspirations for the national oil company's lubricant business.
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