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People & Business :: Companies

Sabic to Bid for GE?

2:08 PM MDT | July 24, 2007 | Chemical Week Editorial Staff

Sabic is reportedly considering a bid for GE Plastics, according to a Reuters report that quoted a Sabic source. Sabic did not comment. The company has been rumored to be one of the potential bidders of the business, along with Koch Industries, Mitsubishi Chemical, and Reliance Industries (CW, March 14, p. 9). A deal could fetch GE around $10 billion, analysts...

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