SIBUR and TAIF hurry to merge // Acceleration of the merger may signal preparation for an IPO

SIBUR and TAIF, which in April agreed on a gradual merger, decided not to wait for several years and will close the deal in the next few days, which will allow the merged company to become one of the five world petrochemical leaders. One of the possible explanations for the rush to consolidate 100% of TAIF is the potential opportunity to conduct an IPO of the combined company against the backdrop of peak prices for oil and gas chemicals. However, experts doubt that the placement will take place before the final integration of the companies. …

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