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SABIC received all regulatory approvals.
September 10, 2018
By: Anthony Locicero
Copy editor, New York Post
SABIC received the final outstanding regulatory approvals from the competition authorities for the purchase of a 24.99% stake in Clariant, the latter announced. An unconditional closing of the purchase will take place in early-to-mid-September, which makes SABIC Clariant’s largest strategic anchor shareholder, and second anchor shareholder besides the group of former shareholders of Süd-Chemie. SABIC, the world’s third-largest diversified chemical company and a long-standing partner of Cla...
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