Finance Monthly M&A Awards 2019 - Winners Edition

24 Financial Advisers to Saudi Aramco Legal Adviser to Public Investment Fund (SABIC) SAUDI ARAMCO ACQUIRE 70% STAKE IN SABIC MIDDLE EAST MERGERS & ACQUISITIONS Oil INTRODUCTION Saudi Aramco today announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for SAR 259.125 billion (or SAR 123.39 per share), which is equivalent to USD $69.1 billion. DEAL OF THE YEAR 2019