# Sidi Kerir Petrochemicals to discuss shareholder agreement for Ethydco acquisition

Sidi Kerir Petrochemicals called a board meeting to discuss the shareholder agreement for Ethydco with Abu Dhabi Holding, which will acquire a 30% stake in Ethydco. The acquisition had been previously postponed pending a strategic investor study.

- Type: Acquisition
- Announced: 2023-10-29
- Where: Egypt
- Status: announced
- Products: ethylene, ethylene derivatives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sidi Kerir Petrochemicals](https://endata.com/companies/11369.md) (acquirer)
- [Ethydco](https://endata.com/companies/73323.md) (target)
- [Abu Dhabi Holding](https://endata.com/companies/73324.md) (investor)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2023/10/29/1728209), 2023-10-29: "سيناثش الاجتماع الموافقة على توقيع اتفاقية المساهمين بشركة إيثيدكو مع شركة أبوظبي القابضة التي ستستحوذ على حصة 30% من أسهم الشركة."

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