Saudi oil giant Aramco to pay $69.1 billion for majority stake in kingdom’s petrochemicals firm Sabic

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Saudi oil giant Aramco to pay $69.1 billion for majority stake in kingdom’s petrochemicals firm Sabic
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Saudi Arabia’s national oil company has agreed to buy a majority stake in the kingdom’s petrochemicals firm for $69.1 billion, people familiar with the deal said, giving Crown Prince Mohammed bin Salman’s agenda a giant jolt of cash.

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