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Saudi PIF to create steel giant with $3 3 bln acquisition of Sabic s metal unit deal

Saudi PIF to create steel giant with $3 3 bln acquisition of Sabic s metal unit deal
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Saudi arabiaYazeed al humiedPublic investment fundAlrajhi steel industries coSaudi iron steel companySaudi basic industries corpSaudi basic industriesSaudi ironSteel companyAlrajhi steel industriesRajhi steelMiddle eastNorth africa

Saudi PIF to Create Steel Giant with $3 3 Billion Sabic Deal

(Bloomberg) Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies

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Saudi s SABIC to sell steel unit Hadeed to PIF for $3 3bln

Saudi s SABIC to sell steel unit Hadeed to PIF for $3 3bln
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Public Investment Fund acquires Hadeed from SABIC at $3 33bn

Public Investment Fund acquires Hadeed from SABIC at $3 33bn
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Saudi arabiaAr riyaPublic investment fund onAlrajhi steel industries coSaudi basic industries corpSaudi iron steel coMohammed abdulaziz alrajhi sons investment coPublic investment fundSaudi ironSaudi basic industriesRajhi steelMohammed abdulaziz alrajhiRajhi invest

Pif, Sabic And Rajhi Invest Announce National Champion In The Saudi Arabian Steel Industry

Pif, Sabic And Rajhi Invest Announce National Champion In The Saudi Arabian Steel Industry
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Ar riyaSaudi arabiaKingdom of saudi arabiaYazeeda al humiedAsia pacificAbdulrahman al fageehYazid mohamed al rajhiSaudi basic industries corporationMohammed abdulaziz alrajhi sons investment company rajhiAlrajhi steel industries company rajhiSaudi iron steel company hadeedPublic investment fundEast infoRajhi steelSaudi ironSteel company