Exclusive: Aramco to win unconditional EU clearance for $69 billion SABIC deal - sources

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Exclusive: Aramco to win unconditional EU clearance for $69 billion SABIC deal - sources
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World No. 1 oil producer Saudi Aramco is set to gain unconditional EU ...

Aramco announced the deal to acquire the controlling stake from sovereign investor Public Investment Fund in March last year, a move key to its diversification into refining and petrochemicals.

Riyadh-headquartered SABIC, the world’s fourth largest petrochemicals group, has operations in over 50 countries.Competition watchdogs in India and a number of other countries have already given the green light without demanding concessions.

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