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Adhesives and Sealants TopicsAdhesives & Sealants HeadlinesMergers/AcquisitionsRaw Materials and Chemicals

SABIC Acquires 24.99% Stake in Clariant

The acquisition of these stakes reportedly makes SABIC the largest Clariant shareholder.

acquisitions_mergers_puzzle
January 29, 2018

Clariant recently announced the investment by chemical industry peer and partner SABIC, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, reportedly makes SABIC the largest Clariant shareholder.

Clariant reportedly intends to engage with SABIC over the coming weeks to discuss the new situation and explore possible ways to create value. In addition, Clariant plans to continue the existing dialogue with all its other shareholders.

For more information, visit www.clariant.com.

KEYWORDS: acquisitions resins and base polymers

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