Saudi Aramco makes IPO offer to Petronas

Saudi Aramco makes IPO offer to Petronas
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08.11.2019

MOSCOW (MRC) -- Saudi Aramco has approached Malaysian state energy company Petronas to participate in Aramco's initial public offering (IPO), Petronas said, as the Middle Eastern oil giant seeks cornerstone investors for the listing, said Reuters.The Saudi government plans to sell 2% of state-run Aramco, the world's most profitable company, in a domestic listing on Dec. 11, three sources

Full article at mrcplast.com

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