Saudi Arabia’s national oil company has agreed to buy a majority stake in the kingdom’s petrochemicals firm for $69.1 billion, people familiar with the deal said, giving Crown Prince Mohammed bin Salman’s agenda a giant jolt of cash.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi Oil Firm Aramco Buys Stake in Chemicals Firm Sabic for $69 BillionSaudi Arabia’s national oil company has agreed to buy a majority stake in the kingdom’s petrochemicals firm for $69.1 billion, giving Crown Prince Mohammed bin Salman’s agenda a giant jolt of cash.
Read more »
Saudi Aramco to buy SABIC in $69 billion chemicals megadealThe world's largest oil producer Saudi Aramco has agreed to buy a 70 percen...
Read more »
Saudi Aramco agrees to buy PIF's stake in SABIC for $69.1 billionSaudi Aramco has agreed to buy a 70 percent stake in Saudi Basic Industries Corp...
Read more »
Saudi Aramco reaches $69.1 billion deal to buy majority stake in petrochemicals firm SABICThe deal will see Saudi oil giant Aramco purchase the Public Investment Fund's 70-percent stake in SABIC.
Read more »
Saudi’s $69 bln asset rejig starts banker paybackAramco is buying a 70 pct stake in chemical group SABIC from the kingdom’s sovereign wealth fund. The reshuffle is mostly an internal affair but the oil giant will issue bonds to pay for it. That gives banks who have spent years courting the company some return for their efforts.
Read more »
Saudi Aramco building global gas business to cut carbon footprintSaudi Aramco, the world's biggest oil producer, was building an internation...
Read more »
Look inside this $69 million home on the French Riviera, where the 1% of the 1% liveLook inside this $69 million home on the French Riviera, where the 1% of the 1% live. via CNBCMakeIt
Read more »
Saudi venture fund STV says Uber deal with Careem to help Mideast ride hailing firm growSaudi Technology Ventures (STV) said on Tuesday Uber's deal with Careem wil...
Read more »
Saudi Arabia denounces U.S. recognition of Golan Heights as Israeli territorySaudi Arabia denounced U.S. President Donald Trump's recognition of Israel&...
Read more »
Stalled Aramco IPO sets back deal-making at U.S. subsidiary MotivaSaudi Aramco's delayed initial public offering is sidelining grand North Am...
Read more »