Saudi Arabian Oil Company And Saudi Basic Industries Corporation
Case Number
LM029May19
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
2019-09-25 12:10:00
Competition Tribunal Members
Andreas Wessels, Enver Daniels, Anton Roskam
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
Sector
Manufacturing
Case File
Case File 2
Primary Acquiring Firm
Saudi Arabian Oil Company
Primary Target Firm
Saudi Basic Industries Corporation
Secondary Target Firm
Saudi Basic Industries Corporation
Hearing Parties
10 / H / Saudi Arabian Oil Company And Saudi Basic Industries / LM029May19 / AW;ED;AR
Hearing Start
2019-09-25 10:00:00
Hearing End
2019-09-25 12:00:00
Hearing Decision Date
2024-05-27 06:00:05