SIBUR completes merger with TAIF
05.10.2021
MOSCOW (MRC) -- Russian petrochemical companies Sibur International and TAIF Group have finalised a deal to merge and create the largest petrochemical company in the country and one of the biggest in the world, said Interfax."Under the agreement, TAIF shareholders will receive a 15% stake in the new combined company in exchange for 50% plus 1 share in JSC TAIF. To ensure faster integrati