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Tuesday, September 17, 2019

Tag: SABIC

Saudi chemical giant profits nosedive over low prices

Profit for the first six months of the year plunged 55% to US$1.47 billion, says SABIC.

Wall Street returns to Saudi Arabia as biggest deals entice CEOs

Saudi Arabia has been home to some of the world’s hottest deals this year, as Europe and Asia have languished.

Saudi wealth fund said to seek bridge loan of up to...

The Public Investment Fund, or PIF, is looking for a bridge loan that will be fully underwritten by lenders.

Saudi Arabia’s `win-win-win’ megadeal is no dead cert for Aramco

The deal between three government-owned entities moves money from one pocket of the state to another.

Saudi Aramco looking for investors ahead of billion dollar bond

International demand for Aramco's bonds is expected to be hefty.

Saudi Aramco buys 70% of Sabic for US$69.1 billion

The deal had been in negotiations for months.

Aramco to probably sell US$10 billion bond to buy Sabic stake

The kingdom will decide in the next few weeks about the size of the proposed bond.

Saudi petrochemicals giant’s quarterly profit rises 5.4%

State-owned Saudi Aramco is in talks to buy shares in Sabic from the country’s sovereign wealth fund as the world’s biggest crude oil exporter expands.

Saudi sovereign fund picks Goldman, BAML, Klein for SABIC sale

State-owned oil company Aramco plans to buy a controlling stake in SABIC, possibly taking the sovereign Public Investment Fund's (PIF) entire 70% holding.

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