Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 24-12-2018 | Practice Area: | Corporate and M&A |
| Deal Title: | Merger between Sahara Petrochemicals Company and Saudi International Petrochemical Company | Industry: | Oil & Gas Producers |
| Description: |
Clifford Chance advised on the first share exchange takeover offer in Saudi Arabia under the new M and A Regulations.
The proposed USD2.15 billion business merger between Sahara Petrochemicals Company and Saudi International Petrochemical Company marked an important milestone for public listed companies in the Kingdom. Clifford Chance advised Sahara Petrochemicals Company on its proposed business merger with Saudi International Petrochemical Company.
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| Financial Center: | Abu Dhabi | Value: | 1000.01-5000.00 |
| Advised Party: | Merger Party | Law Firm | Clifford Chance |
| Merger Party Jurisdiction | Saudi Arabia | Merger Party Jurisdiction | Saudi Arabia |
| Classification: |
Mergers |
Lawyer | Richard Parris |
