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BRIEF-Dow and Saudi Aramco sign MOU for potential equity ownership restructure in Sadara joint venture
August 28, 2017 / 1:12 PM / 3 months ago

BRIEF-Dow and Saudi Aramco sign MOU for potential equity ownership restructure in Sadara joint venture

Aug 28 (Reuters) - Dow Chemical Co-

* Dow and Saudi Aramco sign MOU for potential equity ownership restructure in Sadara joint venture

* Dow Chemical Co - ‍dow to potentially increase equity ownership in Sadara to 50 percent​

* Dow Chemical Co - ‍anticipated financial impact of potential transaction is not being disclosed​

* Dow Chemical Co - ‍sadara financial structure and governance remain unchanged​

* Dow Chemical - ‍announced non-binding mou that sets forth process for dow to acquire additional 15 percent ownership interest from saudi aramco in Sadara Chemical Co Source text for Eikon: Further company coverage:

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