EU to clear without conditions $69 bln Aramco, SABIC deal

Reuters | Feb 21, 2020 at 4:42 PM

BRUSSELS, Feb 21 (Reuters) - EU antitrust regulators are set to give unconditional clearance to world No. 1 oil producer Saudi Aramco's $69 billion bid for a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC) , people familiar with the matter said on Friday.