Saudi Industrial Investment Group (SASE:2250) and the National Petrochemical Company (SASE:2002) have begun talks over a potential merger, they said on September 20,2020. The SIIG and Petrochem boards have approved initial discussions to study the feasibility of a merger but no agreement has been reached on any final structure of a merged entity, the companies said in separate statements.
1st Jan change | Capi. | |
---|---|---|
+6.38% | 105B | |
-4.19% | 63.99B | |
+51.90% | 42.95B | |
+17.44% | 39.2B | |
+6.62% | 33.01B | |
+13.00% | 20.33B | |
+15.64% | 17.29B | |
+22.55% | 15.72B | |
+7.34% | 14.72B |