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Exclusive: China gathers state-led consortium for Aramco IPO - sources#stockbroker

Exclusive: China gathers state-led consortium for Aramco IPO - sources#stockbroker | Stockbroker | Scoop.it
China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco, people with knowledge of the discussions told Reuters.
Edu King Priest's insight:

"Saudi Aramco, a key exporter to China along with Russia's Rosneft (ROSN.MM), is due to list next year, with a potential $100 billion equity sale that is expected to be the world's largest to date."

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