IPO bankers head for fresh round of Aramco pitches

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By Sam Kerr
27 Aug 2019

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.

Aramco’s IPO has been the most talked-about potential listing of the past few years, since the deal would likely to be the largest IPO in history.

The deal was postponed last year and many feared it had been cancelled. However, Aramco has said publicly that it ...

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