Aramco secures EU clearance to acquire majority stake in SABIC

Saudi Aramco received unconditional clearance from the European Commission to acquire a 70% stake in SABIC for $69 billion. The deal is now subject to remaining customary conditions.

“Aramco has secured unconditional clearance from the European Commission to obtain a majority stake in SABIC.”egyptoil-gas.com

• 1 source
• egyptoil-gas.comAramco Seals Rights to Majority Stake in SABIC | Egypt Oil & GasMai El GhandourMar 1, 2020

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