Reports suggest Saudi Basic Industries Corp (SABIC) may be eyeing a 2021 IPO for part of its business. Here’s what we know so far.
Saudi Basic Industries Corp, also known as Sabic, may be gearing up for a public offering of its specialty chemicals unit. The Saudi Arabia-headquartered chemical manufacturer may go public as early as 2021, but nothing has been confirmed.
There’s speculation that Sabic may opt to go live on a local market, which means US investors will need an international brokerage account to invest.
We'll continue to monitor this potential listing and will update this page as more information becomes available.
Once Sabic goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Sabic stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
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