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EU OKs Aequita Management's Purchase of Sabic Europe

MT Newswires·09/28/2026 07:03:40
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07:03 AM EDT, 09/28/2026 (MT Newswires) -- The European Commission cleared the takeover of Sabic Europe, a unit of petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, by Aequita Management's Aeqh38. The regulator said Monday the transaction, which concerns the chemicals market, would not raise competition concerns due to the limited combined market position of the companies after the deal.