Saudi Arabian Oil Company And Saudi Basic Industries Corporation

Case number: LM029May19
Case parties: Primary Acquiring Firm: Saudi Arabian Oil Company
Primary Target Firm: Saudi Basic Industries Corporation
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2019-09-25
Sector: Manufacturing
Industry: Production and sale of basic chemicals, fertilizers, plastics and synthetic rubber
Relevant market: Market for the provision of synthetic rubber and other petrochemical byproducts
Competition Tribunal Members: Andreas Wessels, Enver Daniels, Anton Roskam