Post Tagged with: "Crown Prince Mohammed Bin Salman"

Source: Houston Chronicle

Aramco reaches prince’s $2 trillion goal in second-day surge

Houston Chronicle


Saudi Aramco shares jumped for a second day, with the oil giant’s value hitting the $2 trillion mark that alienated global investors and potentially making further share sales abroad more difficult.

The stock climbed by the daily 10% …

December 12, 2019 - 3:30 pm Closing Bell Story‎, Energy News, Finance
Source: Houston Chronicle

Aramco sees nearly enough early orders to pull off IPO

Houston Chronicle


Saudi Aramco’s bankers are seeing sufficient early demand to pull off the state oil giant’s initial public offering just three days after launching the deal, people with knowledge of the matter said.

The IPO arrangers are indicating in …

Saudi Aramco’s IPO coming soon: energy minister

Saudi Aramco’s IPO coming soon: energy minister

S&P Global Platts


The initial public offering of Saudi Aramco — the company that is preparing to sell up to a 5% stake — will happen soon, the country’s energy minister said on Wednesday.

Saudi Aramco's IPO coming soon: energy minister - oil and gas 360

The Aramco IPO is “going to …

October 30, 2019 - 7:55 am Closing Bell Story‎, Energy News, International
Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

From Reuters


Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking …