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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.The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.
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Finder is not an advisor 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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