CCI gives approval to SABIC acquisition of additional stake in Clariant

MOSCOW (MRC) -- The Competition Commission of India (CCI) has cleared SABIC BV's incremental acquisition of a 6.51% shareholding in Clariant AG, according to Apic-online.The transaction, which will raise SABIC's stake in Clariant to 31.5%, is part of SABIC's growth strategy in specialties.In September 2018, the companies signed a memorandum of understanding to merge their specialty chemic

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