State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation, above.. Reuters - Published
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Reuters - Published
Saudi Aramco's bookrunners have recommended pricing its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said,.. Reuters - Published
Saudi Automotive Services Co said on Wednesday it is raising 190 million riyals ($50.67 million) in debt to invest in the initial public offering of state-owned oil giant Saudi Aramco. Reuters - Published
Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers said in a joint statement.. Reuters - Published
The institutional tranche of Saudi Aramco's planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($50.4 billion), financial.. Reuters - Published
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi.. Reuters - Published
OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of.. Reuters - Published
Saudi Aramco's initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for.. Reuters - Published
Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior.. Reuters - Published
Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait's sovereign wealth fund for the deal, worth up to $25.6 billion,.. Reuters - Published
Saudi Arabia's central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco's initial public offering (IPO), its governor said on.. Reuters - Published
Saudi Aramco's top executives have met officials of Kuwait's sovereign wealth fund to convince them to invest in the oil giant's initial public offering (IPO), which could raise as much as $25.6.. Reuters - Published
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia's state energy company Petronas [PETR.UL] decided to take a pass on Friday. Reuters - Published
A late-year rush of giant global share sales led by Alibaba's $13 billion Hong Kong listing and Aramco's $26 billion initial public offering is failing to deliver an equivalent payday for equities.. Reuters - Published
Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's.. Reuters - Published
From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online and to local banks on Sunday at the start of a long-delayed share sale for what could be the world's.. Reuters - Published
Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion targeted by Saudi's crown prince but still vying for the title of the world's.. Reuters - Published
Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion and $1.7 trillion, below the $2 trillion Saudi Crown Prince Mohammed bin Salman.. Reuters - Published
"No voice is louder than that of the Aramco IPO, the largest IPO on earth," declared Ahmed Al-Arfaj, a Saudi Arabian TV talk show host, drumming up demand for what could be the world's biggest initial.. Reuters - Published
Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion the Saudi crown prince had targeted but still making.. Reuters - Published
Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said. Reuters - Published
Saudi state oil giant Aramco unveiled the prospectus for its initial public offering (IPO) on Saturday, laying out the main material risks that may adversely affect the company's business or its.. Reuters - Published
State-owned Saudi Aramco will sell 0.5% of its shares to individual shareholders and the government will have a lockup period of at least six months on further share sales after the initial public.. Reuters - Published
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with the matter told Reuters. Reuters - Published
Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of.. Reuters - Published
The Saudi government plans to sell 2% of state oil giant Aramco in a domestic listing on Dec. 11, three sources familiar with the matter said, but restrictions on future share sales mean an.. Reuters - Published
The Saudi government will be subject to a one-year restriction on selling additional Aramco shares in the oil company after a planned initial public offering (IPO), three sources familiar with the.. Reuters - Published
Saudi Aramco's blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans, with scant details disclosed and expert valuations varying wildly from.. Reuters - Published
Valuations for Saudi Aramco vary by more than $1 trillion, according to fund managers who have seen banks' research, underscoring the uncertainty hanging over what could be the world's largest stock.. Reuters - Published
Analysts provided wide valuation estimates for Saudi Aramco, ranging between $1.2 trillion and $2.3 trillion, fund managers who have seen research notes said, as the oil giant kick-started its initial.. Reuters - Published
Saudi Aramco chairman, Yasir al-Rumayyan, expects strong demand from global institutions for Aramco's initial public offering (IPO), he told Al Arabiya news channel. Reuters - Published
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse. Reuters - Published
Saudi Arabia's state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to list nearly four years after Crown Prince Mohammed bin Salman first.. Reuters - Published
The Saudi government is working to accelerate the listing process for Saudi Aramco's initial public offering on the Saudi stock exchange to around two weeks, an executive from NCB Capital said on.. Reuters - Published
Saudi Aramco said it does not expect a recent attack on its oil plants to have a material impact on finances and operations as it launched an initial public offering (IPO) on Sunday by announcing its.. Reuters - Published
Saudi Arabia's state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the.. Reuters - Published
Saudi Aramco's chairman Yasser al-Rumayyan said on Sunday the state oil giant would continue to meet its global oil supply demand after it lists on the Riyadh bourse. Reuters - Published
