VOL. XXXVI
NO. 15
11-JANUARY-1993
SAUDI ARABIA
Fina Still Leaves Door Open for 50% Acquisition by Saudi Private Group
Fina Inc., the US subsidiary of Belgium's Petrofina, has indicated that thedoor is still open for a deal on the acquisition by a private Saudi group of a50% share in its refining and marketing assets in the US (MEES, 17 February1992), despite the failure to complete the agreement by year-end 1992, which Fina had previously set as a deadline.
A Fina statement issued in Dallas on 6...
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