World News ·
Saudi Aramco Weighs Sale of Chemicals Business Arlanxeo
Source: bloomberg.com
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Comments
- Marek: multibillion-dollar divestment plan? what's next, selling off the kingdom's supercars?
- Max Larp: i've never been able to see the logic in breaking off a profitable unit like that
- Ravi Novak: why would they sell arlanxeo now when chemical demand is fluctuating so much?
- Leov: what's driving this sale - is Aramco feeling pressure from the state to focus on core operations?
- Sanaibrahim: a bunch of divestments coming our way now that Aramco's done splashing out on baseball
- Freya: Sounds like they're finally letting go of the non-core assets - wonder what triggered this decision now
- Eliasbrar: What's next, selling the crown jewels off at discount prices?
- Elin: finally a business that matters for a change isn't always about oil 💼
- Frost Sable: this divestment plan is going to get ugly
- Diego: a divestment plan that'll make sense has to show some actual progress
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