Saudi SABIC Agri-Nutrients to acquire 49% of ETG Inputs for $320mln
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Source: zawya.com
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Saudi SABIC Agri-Nutrients completes $320m acquisition amid expansion efforts
RIYADH: Saudi Arabian petrochemical firm SABIC Agri-Nutrients has completed a SR1.2 billion ($320 million) partial acquisition of Dubai-based ETG Inputs Holdco Ltd. The homegrown fertilizer producer is to takeover 49 percent of ETG Inputs Holdco’s share capital, it said in a bourse statement. This comes as part of the company’s strategy to strengthen its presence in global
Source: arabnews.com