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2019-03-29 11:30:00

SAUDI ARAMCO PAYS $69.1 BLN

SAUDI ARAMCO PAYS $69.1 BLN

MEOG - Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn. The remaining 30% publicly traded shares in SABIC are not part of the transaction, and Saudi Aramco has no plans to acquire these remaining shares. The transaction is subject to certain closing conditions, including regulatory approvals.

Headquartered in Riyadh, Saudi Arabia, SABIC has global operations…

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Earlier:

SAUDI ARAMCO PAYS $69.1 BLN
2019, March, 27, 11:50:00
SAUDI'S OIL FOR CHINA UP 28.5%
China's crude oil imports from Saudi Arabia surged 28.5% year on year to 1.56 million b/d in February, surpassing Russia to become the top crude supplier in the month, latest data from the General Administration of Customs showed.
SAUDI ARAMCO PAYS $69.1 BLN
2019, March, 27, 11:40:00
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SAUDI ARAMCO PAYS $69.1 BLN
2019, March, 22, 10:15:00
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SAUDI ARAMCO PAYS $69.1 BLN
2019, March, 20, 10:00:00
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SAUDI ARAMCO PAYS $69.1 BLN
2019, March, 13, 11:10:00
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Tags: SAUDI, ARAMCO, SABIC
Chronicle:
SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 16, 10:10:00
MALAYSIA'S GDP UP 4.9%
Malaysia's central bank data on Friday showed second quarter gross domestic product grew 4.9% year-on-year, beating the 4.8% forecast
SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.
SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 14, 12:20:00
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For the first seven months of 2019, Chinese crude throughput rose 5.6% from a year earlier to 369.73 million tonnes, or 12.73 million bpd, the NBS reported.
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SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 14, 12:10:00
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SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 14, 12:05:00
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SAUDI ARAMCO PAYS $69.1 BLN
2019, August, 14, 12:00:00
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