Saudi Basic Industries Corporation Mergers and Acquisitions


Saudi Basic Industries Corporation

P. O. Box 5101
Riyadh 11422
Saudi Arabia
Tel:966/1/401-2033
URL: http://www.sabic.com
Primary Symbol & Exchange:
2010 - Ordinary shares - Saudi Arabia
Industry:
Oil & Gas
Saudi Basic Industries Corporation Company Snapshot

Saudi Basic Industries Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Saudi Basic Industries Corporation M&A History


SABIC acquires GE Plastics from GE SABIC acquires GE Plastics from GEAug 31, 2007

US - Saudi Arabian majority state owned Saudi Basic Industries Corp {SABIC} acquired GE Plastics (GP), a manufacturer of plastic resins, specialty films and sheets and polymers, from General Electric Co {GE}, for $##.# bil in cash. The transaction was

SABIC acquires Huntsman Petrochemicals(UK)Ltd from Huntsman Corp SABIC acquires Huntsman Petrochemicals(UK)Ltd from Huntsman CorpDec 29, 2006

UK - Saudi Arabian state-owned Saudi Basic Industries Corp (SB) acquired Huntsman Petrochemicals (UK) Ltd (HP), a Cleveland-based manufacturer of base chemicals and polymers, from Huntsman Corp, for ###.### mil British pounds (#.### bil Saudi Arabian riyals

SABIC acquires a minority stake in Baser Petrokemya AS- from Baser Holding AS (pending) SABIC acquires a minority stake in Baser Petrokemya AS- from Baser Holding AS (pending)Dec 24, 2006

TURKEY - Saudi Arabia state-owned Saudi Basic Industries Corp (SB), planned to acquire an undisclosed minority stake in the polystyrene plant of Baser Petrokemya (BP), an Istanbul-based manufacturer of petrochemicals, unit of Baser Holding AS, for ##.## mil

SABIC acquires a minority stake in Saudi European Petrochem Co from Saudi Arabia (pending) SABIC acquires a minority stake in Saudi European Petrochem Co from Saudi Arabia (pending)Mar 26, 2006

SAUDI ARABIA - Saudi Basic Industries Corp planned to raise its interest to ##% from ##% by further acquiring a ##% stake, in Saudi European Petrochemical Co (Ibn Zahr Co), a petrochemicals manufcaturer and wholesaler, from Neste Oil Corp, for ###

SABIC acquires Scientific Design Co Inc from Linde AG (pending) SABIC acquires Scientific Design Co Inc from Linde AG (pending)Mar 26, 2003

US - Saudia state-owned Saudi Basic Industries Corp, planned to acquire a ##% interest in Scientific Design Co (SD), a manufacturer of plastic synthetic products from Linde AG. Concurrently, Sud-Chemie AG, a majority-owned unit of Sud Chemie Inc

SABIC acquires DSM Petrochemicals from Netherlands SABIC acquires DSM Petrochemicals from NetherlandsJun 28, 2002

NETHERLANDS - Saudi Arabian state-owned Saudi Basic Industries Corp acquired DSM Petrochemicals, manufacturer of chemical preparations, from DSM NV, for #.## bil euros ($#.### bil US).

SABIC withdraws offer for Polimeri Europa Srl SABIC withdraws offer for Polimeri Europa SrlMar 14, 2002

ITALY - Saudi Arabic majority state-owned Saudi Basic Industries Corp {SABIC} withdrew its plans to acquire a ##% interest in Polimeri Europa Srl. Previously SABIC planned to acquire a ##% interest in Polimeri Europa Srl, a manufacturer of industrial chemical

SABIC acquires EniChem-Petrochemical Bus from Italy (pending) SABIC acquires EniChem-Petrochemical Bus from Italy (pending)Oct 25, 2001

ITALY - Saudi Basic Industries Corp planned to acquire the petrochemical business from EniChem SpA, a petroleum refinery.

SABIC acquires Enichem SpA from Italy (pending) SABIC acquires Enichem SpA from Italy (pending)Oct 11, 2001

ITALY - Saudi Basic Industries Corp planned to acquire an estimated ##% interest in Enichem SpA, a petroleum refinery, from Ente Nazionale Idrocarburi.

Saudi Arabia seeking buyer for SABIC Saudi Arabia seeking buyer for SABICFeb 22, 2000

SAUDI ARABIA - In February ####, the government of Saudi Arabia disclosed that it was seeking a buyer for ##% interest in its Saudi Basic Industries Corp subsidiary, manufacturer of petrochemical products.

SABIC acquires a minority stake in National Plastic Co from Saudi Arabia SABIC acquires a minority stake in National Plastic Co from Saudi ArabiaDec 29, 1997

State-owned Saudi Basic Industries raised its stake in its National Plastic subsidiary to ##.#% from ##.#% by acquiring a ##% stake from LG Group. The transaction had been subject to regulatory approval.

Saudi Arabia seeking buyer for SABIC Saudi Arabia seeking buyer for SABICAug 09, 1996

In August ####, the Saudi Arabian government disclosed that it was seeking a buyer for a ##% interest, revised from ##%, in state owned Saudi Basic Industries (SBIG) in a privately-negotiated transaction. Upon completion, the Saudi government would hold

Saudi Basic Industries Corp privatized Saudi Basic Industries Corp privatizedAug 12, 1994

The Saudi Arabian government split off a ##% stake in state-owned Saudi Basic Industries to the public.

Saudi Basic Industries Corp acquires Amca Chimie et Plastiques SA Saudi Basic Industries Corp acquires Amca Chimie et Plastiques SAJul 04, 1994

Saudi Basic Industries Corporation (Sabic), Saudi Arabian petrochemicals group, has acquired a majority holding in Amca Chimie et Plastiques (ACP), French chemicals and plastics company based in Paris. Terms were not disclosed. The new company will trade as Sabic France.

Saudi Basic Industries Corp acquires Sirypetrol Saudi Basic Industries Corp acquires SirypetrolDec 06, 1993

Saudi Basic Industries Corporation of Saudi Arabia, via its subsidiary Sabic Marketing Europe, has acquired Sirypetrol, Italian marketing services company. Terms were not disclosed.

Saudi Basic Industries Corporation M&A Summary


Saudi Basic Industries Corporation has made 4 acquisitions while taking stakes in 2 companies. Saudi Basic Industries Corporation has 0 divestiture during this period.
YearAcquisitionsStakesDivestitures
2009000
2008000
2007100
2006100
2005000
2004000
2003000
2002100
2001000
2000000
1999000
1998000
1997010
1996000
1995000
1994010
1993100
Total420

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