News
07 November 2019

China considers up to $10bn investment in Aramco IPO

In:
Oil & gas
Region:
Middle East & Africa, Asia-Pacific

China’s state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco’s planned initial public offering, Bloomberg reported, citing people familiar with the matter. Beijing-based Silk Road Fund, state-owned oil producer Sinopec Corp and...

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