The Report should cover the following points:
- Write a brief background about the companies (Acquired and Acquiring companies)
- Evaluate the conditions of the deal
- Write the advantages and disadvantages of the deal to both the companies.
NOTE:
- The Report should be properly formatted
- Plagiarized work will not be marked and will be graded as 0
(Justify the text, Use Font: Times New Roman, Font Size 12, and Line Spacing: 1.5)
Submission is through Blackboard
References should be in APA format
There will be no repetition of Assignment
1. Name of the companies
Acquiring Company:
Acquired Company:
2.Background
Acquiring Company:
Acquired Company:
3. Conditions of the deal
1
2
3
4
5
- Advantages and Disadvantages of Acquiring company
- Advantages and Disadvantages of Acquired company
| Advantages | Disadvantages |
| Advantages | Disadvantages |
Answer preview
Saudi Arabia Basic Industries Corporation, popularly referred to as SABIC got founded in 1976 by way of a royal decree that sought to ensure the conversion of oil by-products into chemicals that would get used in other sectors of Saudi Arabia (Rashad & Gamal, 2020). Just like Saudi Aramco, the Saudi Arabia government is the majority shareholder in SABIC. It majorly operates in the chemical industry, focussing on the production of industrial polymers, fertilizers, and metals. The company is headquartered in Riyadh. Before its acquisition by Saudi Aramco, SABIC occupied the fourth position in the list of the largest chemical manufacturing industries. Production began at six million tonnes of chemicals. It tremendously rose over the
[714 Words]
