Aramco to win unconditional EU clearance for $69 bln SABIC deal – sources

Financial Post | Feb 21, 2020 at 4:59 PM
  • World No. 1 oil producer Saudi Aramco is set to gain unconditional EU antitrust approval for its $69 billion buy of a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC) , people familiar with the matter said on Friday.
  • Riyadh-headquartered SABIC, the world’s fourth largest petrochemicals group, has operations in over 50 countries.
More sources
  • Aramco to win unconditional EU clearance for $69 bln SABIC deal (Reuters: Feb 21, 2020 at 4:58 PM)