Dow explores exit from $20 billion Saudi Aramco venture

M&A · Partnership
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Summary · why it matters

Dow Inc. is considering options for its stake in a $20 billion chemicals venture with Saudi Aramco, including a potential exit, according to Bloomberg News. The review is part of Dow's efforts to restructure its portfolio amid a prolonged industry downturn. Dow holds a 35% stake in Sadara Chemical Co., with Saudi Aramco owning the rest. Saudi Aramco could acquire Dow's holding, or other investors might bid. No final decision has been made, and Dow may choose not to proceed.

Impact on stocks 1

Critical Materials & Supply Chain · 1 stocks
Dow Inc
DOW
± MixedCapitalrelevance

Dow is exploring options including a potential exit from its 35% stake in the $20B Sadara venture as part of portfolio restructuring amid an industry downturn.

Off-coverage companies 2

Saudi AramcoPrivate± Mixed
Capitalrelevance

Saudi Aramco could acquire Dow's 35% holding in Sadara, but no final decision has been made.

Sadara Chemical CompanyPrivate± Mixed
Capitalrelevance

Ownership of Sadara Chemical could change if Dow exits its 35% stake, with Aramco or other investors potentially bidding.