Sabic raises stake in Clariant to 31.5%

MOSCOW (MRC) -- Sabic has announced that it has purchased additional shares in Clariant, increasing its holding in the company from 24.99% to 31.5%, reported Chemweek. The move is part of Sabic's growth strategy to achieve a leadership position among global peers in specialties and increase this segment's contribution to Sabic. Completion of the transaction is subject to regulatory approv

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