Sep. 10, 2019

Saudi Aramco pursues gradual IPO, lines up bank roles, sources say

Article by Rashad Riyadh, The Globe and Mail

An Aramco production facility is seen in 2018. Saudi Arabia plans to gradually list the state oil giant, listing 1 per cent by 2019’s end and another 1 per cent in 2020, sources said, ahead of a public sale of around 5 per cent. Saudi Arabia…

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