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Energy
26 May 2024, 9:47 pm 1 minute
Reuters exclusively reported that Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals.
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Market Impact
The Saudi government remains overwhelmingly Aramco’s biggest shareholder, with a 90% stake, and heavily relies on its payouts.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
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Regions: Middle East
Countries: Saudi Arabia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
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Customer Impact: Significant National Story
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