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. | |
---|---|---|
+3.74% | 104B | |
-10.18% | 59.99B | |
+80.95% | 50.92B | |
+8.46% | 36.09B | |
-0.02% | 30.95B | |
+4.78% | 18.85B | |
+18.14% | 17.61B | |
+9.26% | 13.97B | |
+78.32% | 13B |