https://www.taxtmi.com/news?id=22001 Approval under Section 31(1) of the Competition Act, 2002 was granted for the proposed acquisition of a 70% shareholding in SABIC by Saudi Aramco, resulting in sole control of SABIC. Saudi Aramco's relevant activities include exploration, production and marketing of crude oil, natural gas, refined products and petrochemicals and Indian supply of crude, LPG, base oil and petrochemical products. SABIC's relevant activities include production and sale of commodity chemicals, intermediates, polymers, fertilizers and some metals and Indian supply of agri-nutrient and petrochemical products. en-us Fri, 27 Sep 2019 18:56:30 +0530 Fri, 27 Sep 2019 18:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22001 Approval under Section 31(1) of the Competition Act, 2002 was granted for the proposed acquisition of a 70% shareholding in SABIC by Saudi Aramco, resulting in sole control of SABIC. Saudi Aramco's relevant activities include exploration, production and marketing of crude oil, natural gas, refined products and petrochemicals and Indian supply of crude, LPG, base oil and petrochemical products. SABIC's relevant activities include production and sale of commodity chemicals, intermediates, polymers, fertilizers and some metals and Indian supply of agri-nutrient and petrochemical products. News - Fri, 27 Sep 2019 18:56:30 +0530 https://www.taxtmi.com/news?id=22001