March 1, 2020 / 6:32 AM / a month ago

BRIEF-Saudi Aramco Receives Clearance From European Commission For Acquisition Of Majority Stake In SABIC

March 1 (Reuters) - SAUDI ARABIAN OIL CO:

* PROPOSED ACQUISITION OF 70% MAJORITY STAKE IN SABIC RECEIVES UNCONDITIONAL CLEARANCE FROM EUROPEAN COMMISSION

* PROPOSED ACQUISITION HAS NOW RECEIVED UNCONDITIONAL CLEARANCE IN ALL JURISDICTIONS

* CLOSING OF PROPOSED TRANSACTION IS SUBJECT TO REMAINING CUSTOMARY CLOSING CONDITIONS CONTAINED IN SHARE PURCHASE AGREEMENT Source text for Eikon: Further company coverage:

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