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Aramco declined to comment. Aramco's planned IPO, which could potentially raise $100 billion, is the centerpiece of Saudi Arabia's economic transformation drive to attract foreign investment and ...
LONDON/DUBAI (Reuters) - Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy ...
Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to be the world's largest, two sources familiar with the matter told ...
The kingdom intends to list 1% of the state oil giant on the Riyadh stock exchange before the end of this year and another 1% in 2020, the sources said, as initial steps ahead of a public sale of ...
DUBAI/LONDON (Reuters) - After battling it out for a role in a giant IPO that promised to make history, and enduring delay after delay, investment banks advising Saudi Aramco are set to be ...
DUBAI/LONDON (Reuters) - Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues ...
While the IPO had been vetted by major banks, the IPO was delayed over concerns of Aramco's corporate structure through 2018 into 2019. [56] The September 2019 drone attacks on Aramco's facilities also delayed the onset of the IPO.
LONDON/DUBAI (Reuters) - Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco's potential $100 billion share sale ...