Aramco completes acquisition of 70% stake in SABIC for $69.1 billion

Aramco has completed the acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund for SAR 259.125 billion (US$69.1 billion).

“Aramco today announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF)”aramco.com

• 1 source
• aramco.comAramco completes its acquisition of a 70% stake in SABIC ...Jun 17, 2020

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