# SABIC to purchase 24.99% stake in Clariant

SABIC received final regulatory approvals for the purchase of a 24.99% stake in Clariant, with closing expected in the next days.

- Type: Acquisition
- Announced: 2018-01-05
- Where: Switzerland
- Status: announced
- Products: chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md) (target)
- [SABIC](https://endata.com/companies/3200.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=41), 2018-01-05: "Clariant recently announced that SABIC has received the final outstanding regulatory approvals from the competition authorities for the purchase of a 24.99% stake in Clariant."
- [canplastics.com](https://www.canplastics.com/materials/sabic-buys-24-99-stake-clariant/1003447655/), 2018-01-26: "This acquisition is part of Sabic's long-term growth strategy to remain committed to product differentiation and creating value for its customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.