SABIC becomes Clariant's largest shareholder following approvals

摘要

Clariant and SABIC announced on 10 September that SABIC had received the final outstanding regulatory approvals from competition authorities for the purchase of a 24.99% stake in Clariant. Closing of the purchase will take place in the next few days, making SABIC Clariant's largest shareholder and second anchor shareholder beside the former shareholders of Siid-Chemie, which Clariant acquired in 2011. Former Siid-Chemie shareholders together hold 13.96% of Clariant.