Friday, May 18, 2007

GE close to finalizing plastics sale to Sabic: report

(Reuters) - "This is an auction so the interest of GE shareholders is paramount," said the source.




"Sabic wants to become one of the top three petro-chemical firms in the world and there aren't many ways to go about that," the source said. "GE Chemical is a logical step for Sabic."


Read more at Reuters.com Business News

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