SABIC Not Seeking to Acquire Clariant

• Monday, 29th July 2019
• by Editorial Team

Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Switzerland’s Clariant, SABIC CEO Yousef Al-Benyan told Asharq Al-Awasat. SABIC owns a 25% stake in Clarent, which recently revealed th...

SABIC Approved to Purchase Clariant Stake

• Wednesday, 12th September 2018
• by Editorial Team

Regulators have approved SABIC’s purchase of a 24.99% stake in Swiss chemical company Clariant, a company press release announced. The Saudi manufacturing company will close the purchase in mid-September, making...