Aramco meets investors in last-minute bid to hit US$2 trillion IPO target: sources

Aramco meets investors in last-minute bid to hit US$2 trillion IPO target: sources

Channel NewsAsia - Business·2019-11-01 22:25

Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a US$2 trillion valuation as possible ahead of an expected listing launch on Sunday, according to three sources.

FILE PHOTO: The Saudi Aramco logo pictured at the company's oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim Shemetov/File Photo

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