Saudi Aramco aims to begin planned IPO on Nov. 3: sources

France Nouvelles Nouvelles

Saudi Aramco aims to begin planned IPO on Nov. 3: sources
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Saudi Aramco aims to announce the start of its initial public offering (IPO) on ...

FILE PHOTO: The Saudi Aramco logo pictured at the company's oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim Shemetov

Separately, Aramco has not approached the Kuwait Investment Authority to invest in the IPO, the sovereign wealth fund’s managing director Farouk Bastaki said on Tuesday. The people also said Aramco’s chief executive officer, Amin Nasser, was not present at the conference on Tuesday as he was meeting investors abroad ahead of the offering.

Aramco will start subscription for investors in its initial public offering on Dec. 4, Saudi-owned news channel Al-Arabiya said in a news flash on Tuesday citing sources.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SABIC CEO: Aramco attacks affected up to 500,000 T of productsSABIC CEO: Aramco attacks affected up to 500,000 T of productsA drone attack on Saudi Aramco oil facilities last month is expected to affect 4...
Lire la suite »

Saudi SABIC records $400 million impairment loss on Clariant, third-quarter profit plungesSaudi SABIC records $400 million impairment loss on Clariant, third-quarter profit plungesSaudi Basic Industries Corp. (SABIC) reported an 86% drop in third-quarter net p...
Lire la suite »

Saudi Arabia reportedly considers investing in SoftBank Vision Fund 2 - Business InsiderSaudi Arabia reportedly considers investing in SoftBank Vision Fund 2 - Business InsiderThe Saudi Arabian Public Investment Fund (PIF) invested $45 billion in SoftBank's first Vision Fund in 2016.
Lire la suite »

Wall Street Returns to Saudi Summit, but Khashoggi Murder Deters Some ExecutivesWall Street Returns to Saudi Summit, but Khashoggi Murder Deters Some ExecutivesA Saudi Arabia investment conference that begins Tuesday is at the heart of Prince Mohammed’s bid to raise the kingdom's profile and draw investment that could help diversify the country's economy away from dependence on oil
Lire la suite »

SABIC CEO: Aramco attacks affected up to 500,000 T of productsSABIC CEO: Aramco attacks affected up to 500,000 T of productsA drone attack on Saudi Aramco oil facilities last month is expected to affect 4...
Lire la suite »

Exclusive: Thai Siam Cement's packaging unit set for $1 billion IPO - sourcesExclusive: Thai Siam Cement's packaging unit set for $1 billion IPO - sourcesThailand's Siam Cement Pcl's (SCG) packaging subsidiary is planning a ...
Lire la suite »



Render Time: 2025-04-01 00:48:50