Equities

Reuters exclusively reported bankers invited to Saudi Arabia to pitch for Aramco listing roles

Reuters exclusively reported bankers invited to Saudi Arabia to pitch for Aramco listing roles

Reuters exclusively revealed that Saudi Aramco has invited banks pitching for roles in its stock market listing, including Citi and Goldman Sachs, for meetings in the kingdom in the coming weeks to make their case. The meetings are an indication that preparations for a 2018 initial public offering, which could be the biggest IPO in history, are progressing despite market speculation it could be delayed or even shelved.