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Saudi Aramco in talks with banks to borrow about $10 billion for acquisition of 70% stake in SABIC: Report
Saudi Aramco, the world’s largest oil producer, is in early talks with banks for a loan of about $10 billion to help finance its acquisition of a 70% stake in Saudi Basic Industries Corp, according to three banking sources. Aramco agreed last year to buy the controlling stake in SABIC…
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