Aramco Finalizes Purchase of 70% Interest In SABIC from Public Investment Fund

摘要

Riyadh- Saudi Aramco has completed the acquisition of a 70% stake in SABIC from the Public Investment Fund (PIF) for a total purchase price of $69.1-billion (PCN, 27 Apr 2020, p 4). "This is a significant milestone for three of Saudi Arabia's most important entities," said Yasir Othman Al-Rumayyan, governor of PIF.