Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO - sources
2 Min Read DUBAI/LONDON (Reuters) - Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its speciality chemicals business, an offering that could raise several hundred million dollars, three sources said. FILE PHOTO: A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh, Saudi Arabia October 27, 2013. REUTERS/Faisal Al Nasser/File Photo The company is also sounding out foreign banks for advisory roles and HSBC and JPMorgan a...
Source: reuters.com