SABIC Agri-Nutrients Company (SASE:2020) entered into an agreement to acquire 49% stake in ETG Inputs Holdco Limited from ETC Holdings (Mauritius) Limited for a transaction valued at SAR 1.2 billion on January 24, 2022. The acquisition will be financed through own resources in addition to bank facilities. The transaction is subject to regulatory approval. Pietro De Libero of Baker & McKenzie LLP acted as a legal advisor to ETG Inputs Holdco Limited. Linklaters LLP acted as legal advisor to SABIC Agri-Nutrients Company (SASE:2020).

SABIC Agri-Nutrients Company (SASE:2020) completed the acquisition of 49% stake in ETG Inputs Holdco Limited from ETC Holdings (Mauritius) Limited on April 10, 2023.