Saudis Want Richest Families As Anchor Investors In Aramco IPO
By Tsvetana Paraskova Saudi officials have approached some of the richest families in Saudi Arabia about potentially becoming anchor investors in the initial public offering (IPO) of state oil giant Aramco, Bloomberg reported on Monday, citing five people familiar with the discussions. Saudi Aramco could hold more formal meetings with some of the Kingdom’s wealthiest business families … Read more