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Posted on: July 19, 2018, 1:01 p.m.
Oil giant Saudi Aramco is in early discussions on whether to pursue an ownership stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF). At the moment, Saudi Aramco has no plans to buy publicly-held shares of SABIC. SABIC was founded in 1976 by Saudi royal decree to convert oil by-products into […] Full investment news articleRelevent to this post: UCSF Foundation Michigan State University Office of Investments,