State oil giant Saudi Aramco [IPO-ARMO.SE] and petrochemical producer Saudi Basic Industries Corp (SABIC) signed a preliminary deal on Sunday to build a $20 billion complex to convert crude oil to ...

RIYADH/DUBAI, March 27 () - The world's largest oil producer Saudi Aramco has agreed to buy a 70 percent stake in Saudi Basic Industries Corp (SABIC) from the kingdom's wealth fund for $69.1 ...

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC's value following a slump in oil prices in ...

Saudi Aramco announced Wednesday it is acquiring a 70 percent majority state in the petrochemical company Saudi Basic Industries Corporation (SABIC) in a $69.1 billion deal.

On Wednesday, March 27, the Saudi national oil company, Saudi Aramco, announced that it had reached an agreement to acquire the Saudi petrochemicals company, SABIC, for $69.1 billion. It is being ...

Saudi Aramco has negotiated more time to pay for an almost-$70 billion acquisition of Saudi Basic Industries Corp. as this year’s slump in oil prices stretches its finances. Aramco announced new ...

Saudi Aramco has purchased a 70 percent share in petrochemical firm SABIC for $69.1 billion in a deal that pumps capital into the kingdom's sovereign wealth fund.

EVANSVILLE, Ind. — SABIC, a Saudi-based company which owns one of this region's largest petrochemical-producing plants in Mount Vernon, Indiana, has been sold. SABIC announced that Saudi Aramco ...

DUBAI (Reuters) – Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC’s value following a slump in ...

RIYADH, Saudi Arabia (AP) - Saudi Aramco signed a $69.1 billion deal Wednesday to purchase a 70 percent share in petrochemical firm SABIC, helping pump capital into the kingdom's sovereign wealth ...

RIYADH, Saudi Arabia — Saudi Aramco signed a $69.1 billion deal Wednesday to purchase a 70 percent share in petrochemical firm SABIC, helping pump capital into the kingdom’s sovereign wealth ...