Notification of Change in Ownership of Borouge PLC (the "Company") | premargin
Notification of Change in Ownership of Borouge PLC (the "Company")
·ADX·General Disclosure | Announcements·March 23, 2026·View on exchange
AI Summary
Borouge Group International AG has completed the acquisition of stakes in Borouge PLC from Abu Dhabi National Oil Company (ADNOC) and Borealis Middle East Holding GmbH.
The transaction involved ADNOC’s 54% stake and Borealis’s 36% stake in the company's share capital.
Following the completion of all legal and regulatory conditions, Borouge Group International AG has become the major shareholder with a 90% total ownership stake.
The change in ownership was formally notified on March 23, 2026.