Tag: Mohammed bin Salman
Aramco valuation falls short of Crown Prince’s $2 trillion target
(Bloomberg) --Saudi Arabia put a valuation on state-owned oil giant Aramco of between $1.6 trillion and $1.71 trillion, well below the $2 trillion target...
Aramco’s record IPO starts November 17; size of offering pending
(Bloomberg) --Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in...
Saudi Crown Prince gives green light for Aramco IPO
(Bloomberg) --Saudi Crown Prince Mohammed bin Salman finally gave the go-ahead for the initial public offering of Aramco, deciding there’s enough support from local...
Aramco IPO to come at ‘right time’ and when crown prince decides
(Bloomberg) --Crown Prince Mohammed bin Salman will determine the timing of oil giant Saudi Aramco’s long-anticipated share sale, according to the kingdom’s energy minister.
The...
Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO
(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...