Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible...
LONDON/DUBAI - Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia’s energy minister confirming plans for the listing to proceed in 2020 or 2021.
“There is some shifting in terms of what roles the banks might have if IPO talks go ahead.” JPMorgan, Morgan Stanley and HSBC were picked to play a leading role in the world’s biggest ever IPO when the plan was first announced in 2016. Boutique investment banks Moelis & Co and Evercore were also hired by Aramco as independent advisers. But plans for a domestic and international listing were later postponed.
“Now that all of these issues have been cleared, we are ready to start planning for the IPO,” he said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Goldman Sachs and other global central banks want in on cryptoGlobal banks like Goldman Sachs may have to issue their own cryptos sooner than expected now that Facebook announced its plans to launch Libra:
Consulte Mais informação »
Rihanna Fans Are Giving Tyra Banks Flack for Saying They Look Alike'Sit down Tyra.'
Consulte Mais informação »
World's central banks tackle technology with innovation hubCentral banks grappling with fast-changing financial technology and companies li...
Consulte Mais informação »
How an Aspiring ‘It’ Girl Tricked New York’s Party People — and Its Banks“Money, like, there’s an unlimited amount of capital in the world, you know? But there’s limited amounts of people who are talented”
Consulte Mais informação »
Trump’s Twitter Invitation to Kim Set Off 24-Hour ScramblePresident Trump surprised his own advisers when he offered on Twitter to “say Hello(?)!” to North Korea’s Kim Jong Un on the border between North and South Korea, setting into motion a 24-hour scramble to prepare for a possible meeting.
Consulte Mais informação »