Gulf state investors step in to help Aramco hit IPO target: sources

Reuters DUBAI/ABU DHABI – Saudi Arabia’s wealthy Gulf neighbors plan to invest in the initial public offering (IPO) of Saudi Aramco, sources familiar with the matter said, helping out Riyadh as it strives to raise $25.6 billion from a domestic listing of the state oil giant. Aramco has struggled to secure an anchor investor for the listing and found little[Read More...]

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