Banks scramble to re-pitch for Aramco IPO roles
London|Dubai: 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 minister confirming plans for the listing to proceed in 2020 or 2021. "Bankers previously involved in the IPO are pushing for meetings with
Banks scramble to re-pitch for Aramco IPO roles - sources
By Clara Denina , Saeed Azhar and Hadeel Al Sayegh LONDON/DUBAI, July 2 (Reuters) - Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial...
This is Money 2019-07-02
Saudi Aramco mega-IPO looks like it's back on again
Dubai — Saudi Arabia is restarting preparations for a potential initial public offering (IPO) of oil giant Aramco, months after putting the planned listing on hold, people...
Aramco's $2tn flotation is back on, says Saudi Arabia
Saudi Arabia has reignited plans for a $2tn mega-float of its state oil company, Aramco, just months after putting on hold the biggest public listing in history. The Saudi...
Saudi Aramco to restart preparations for its '$100 billion' IPO
By Dinesh Nair, Archana Narayanan and Matthew Martin Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after...
The Times of India 2019-07-02
Saudi Aramco to Restart Preparations for Mega IPO
Saudi Arabia is restarting preparations for a potential initial public offering (IPO) of oil giant Aramco, months after putting the planned listing on hold, reported Bloomberg. Aramco, the world's most profitable company, recently held talks with a select group of investment banks to discuss potential roles on the offering. Detailed work on the IPO may pick up speed later this...
Business Day Online
Saudi Aramco said to restart work on world\'s largest IPO
Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after putting the planned listing on hold, people familiar with the matter said. Aramco, the world's most profitable company, recently held talks with a select group of investment banks to discuss potential roles on the offering, according to the people. Detailed work on...
Foreign investors drawn to Saudi Aramco IPO offer
Comments by Saudi Crown Prince Mohammed bin Salman bin Abdulaziz and the kingdom's oil minister sparked speculation about the actuality and timing of the limited sale of state crown jewel Saudi Aramco. The Saudi leaders may be emboldened to move forward on Saudi Aramco's initial public offering (IPO) based on Riyadh's perception that it is successfully weathering the political...
Middle East Online
INSIGHT-Saudi Arabia\'s hometown ambitions could clip wealth fund\'s wings
RIYADH — Saudi Arabia's Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman's domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said. Unusually for a sovereign wealth fund, which typically is solely focused on generating wealth for future...
UPDATE 1-Banks scramble to re-pitch for Aramco IPO roles - sources
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 minister confirming plans for the listing to proceed in 2020 or 2021. ......
Banks scramble to re-pitch for Aramco IPO roles: sources