Sabic acquisition of 24.9% stake in Clariant

25/1/2018

Public acquisition

Status:

Announced

Date:

25/1/2018

Overview:

State-controlled Saudi Arabian chemicals company, Sabic, has reached an agreement to acquire 83 million shares in Clariant from 40 North and Corvex Management.
Clariant is a Swiss stock exchange listed multi-national chemicals company.

Ben Naylor - Regional editor

Jurisdictions:

Switzerland
Saudi Arabia

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Switzerland

Industry sector:

Industrials and manufacturing

Firm:

Clifford Chance

Party: Sabic (Acquirer)

Lawyers: Daniel Winick, Edmund Boyo, Mohammed Al-Shukairy

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