
Saudi Aramco looks to restructure SABIC deal: Reuters
Oil & Gas Saudi Aramco is planning to restructure its deal to acquire a 70% stake in Saudi petrochemicals giant SABIC after seeing its value drop by more than 40% as oil prices have spiralled due to the coronavirus pandemic, Reuters reported. The deal, announced in March 2019, was set at $69.1 billion, 123.39 riyals ($32.86) per share, but it
