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. | |
---|---|---|
+4.85% | 105B | |
-5.99% | 62.52B | |
+72.86% | 49.08B | |
+15.33% | 38.99B | |
+5.32% | 32.59B | |
+14.73% | 20.6B | |
+12.59% | 17.19B | |
+18.15% | 15.13B | |
+3.29% | 14.36B |