It looks to us as if Clariant has become the cue ball in the Arabian strategy game as Saudi Arabian Sabic looks to be attracting Saudi Arabian Aramco. With its close to 25% stake in Clariant, Sabic has become the dominating shareholder with strategic ambitions. The announced creation of High Performance Materials, the new CEO and Mr Kottmann’s re-appointment as Chairman of the Board look more like a must rather than a may.
18 Sep 2018
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Clariant AG (0QJS:LON) | 0 0 (-2.2%) | Mkt Cap: 8,000m
- Published:
18 Sep 2018 -
Author:
Martin Schnee -
Pages:
3
It looks to us as if Clariant has become the cue ball in the Arabian strategy game as Saudi Arabian Sabic looks to be attracting Saudi Arabian Aramco. With its close to 25% stake in Clariant, Sabic has become the dominating shareholder with strategic ambitions. The announced creation of High Performance Materials, the new CEO and Mr Kottmann’s re-appointment as Chairman of the Board look more like a must rather than a may.