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Aramco in talks with SABIC
July 21, 2018
Source: Al Arabiya

Aramco in talks with SABIC

Saudi Aramco has informed that they are in talks with one of the world’s biggest petrochemical company, SABIC, to procure a strategic stake in the company. CEO, Saudi Aramco believes that the move will improve company’s revenues and make it less vulnerable to unstable oil prices. The deal would be made within the premises of CMA regulations.

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