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Issue 17/2017 - Dow and Saudi Aramco sign a memorandum of understanding to adjust Sadara's shareholding structure

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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Dow and Saudi Aramco sign memorandum of understanding on restructuring Sadara On August 28, Dow and Saudi Aramco announced the signing of a non-legally binding memorandum of
understanding (MOU) setting out Dow's additional
15 percent stake in Sadara Chemical, a joint venture between the two companies, from Saudi Aramco.
The current distribution of Sadara is 65% for Saudi Aramco and 35%
for Dow.
After the transaction, Dow and Saudi Aramco will each own 50 percent of Sadara
.

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