IPO bankers head for fresh round of Aramco pitches

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IPO bankers head for fresh round of Aramco pitches

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JBA5R9 A logo sign outside of a facility occupied by Saudi Aramco in Houston, Texas, on May 27, 2017. | Alamy Stock Photo

Equity bankers flew out to the Middle East this week to pitch for roles in the IPO of Saudi Aramco, Saudi Arabia’s state oil and gas giant, according to equity capital markets sources.

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