Saudi Sipchem, Sahara Said to Weigh Reviving Merger Plan

  • Preliminary talks between board members have already occurred
  • Previous merger talks were put on hold two years ago

Saudi International Petrochemical Co. and Sahara Petrochemicals Co. have held early-stage talks on reviving a merger which stalled in 2014 and would create a Saudi Arabian chemicals company with a market value of about $2.7 billion, people with knowledge of the matter said.

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