Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal

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Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
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(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies

Tina Turner was an American-born singer. Known as the "Queen of Rock 'n' Roll."After a sharp rise in mortgage repayment terms over the past few quarters, Canadian banks' home loans past 30 years have edged lower in the latest quarter but analysts say risks remain elevated with borrowing costs expected to stay higher for longer.

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Saudi PIF to Create Steel Giant with $3.3 Billion Sabic DealSaudi PIF to Create Steel Giant with $3.3 Billion Sabic DealSaudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).
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Canadian visionary Gerald Heffernan introduced less-polluting mini-mills for steel productionCanadian visionary Gerald Heffernan introduced less-polluting mini-mills for steel productionHeffernan’s approach was adopted around the world, driving many older smelters out of business
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UK Nears Deal on £500 Million Support for Tata Steel, Sky SaysUK Nears Deal on £500 Million Support for Tata Steel, Sky SaysThe UK and Tata Steel Ltd. are coming closer to agreeing on an aid package that would see the government provide about £500 million ($630 million) of public funding to the Indian company’s British business, according to Sky News.
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Police in Charlottetown to create action plan for drugs and crimePolice in Charlottetown to create action plan for drugs and crimeCHARLOTTETOWN, P.E.I. — Police in Charlottetown have a new task for the fall: creating a “community action plan” for illegal drug use and related ...
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Police in Charlottetown to create action plan for drugs and crimePolice in Charlottetown to create action plan for drugs and crimeCHARLOTTETOWN, P.E.I. — Police in Charlottetown have a new task for the fall: creating a “community action plan” for illegal drug use and related ...
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