Saudi Arabian Oil Co. completed its acquisition of Valvoline Inc.’sglobal products business for $2.7 billion, through one of its wholly-owned subsidiaries. Aramco now owns the Valvoline brand with respect to the products business, and Valvoline Inc. owns the Valvoline brand with respect to its retail services business. The companies said they plan to work together to continue to grow the Valvoline brand equity globally.