VOL. XLV
No 14
8-April-2002
SAUDI ARABIA
SABIC To Acquire DSMs Petrochemicals Business InMajor International Expansion
SaudiBasic Industries Corporation (SABIC) announced on 3 April that agreement inprinciple had been reached on the purchase of the petrochemicals business ofDSM, the Netherlands-based international chemicals and materials group, in amove that will see the Saudi companys business interests expand into Europeand the US.The transaction involves the transfer of allshares of the...
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