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Market Chatter: Saudi Aramco Reportedly Mulls Sale of Dutch Synthetic Rubber Business Arlanxeo

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Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, is looking to sell its Dutch synthetic rubber producer business, Arlanxeo, Bloomberg News reported Thursday, citing people familiar with the matter.

The Saudi Arabian state-owned oil giant is reportedly working with an adviser to scout potential buyers, though deliberations are still ongoing. However, there is no certainty that Saudi Aramco's management will proceed with the sale.

Saudi Aramco declined to comment when reached by.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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