Saudis in Talks to Sell Aramco Stake to Global Energy Firm.

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read Online Read More Add to Saved list
  • Additional Information
    • Subject Terms:
      MIDDLE East; IRAQ
    • Abstract:
      The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude, Crown Prince Mohammed Bin Salman said in a rare interview on a Saudi television channel late Tuesday. Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; COS; EXE; GEN; GOV; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; STK; US; WORLD; WWTOP EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD COS EXE GEN GOV IRAQ MARKETS MIDEAST NORTHAM NRG OIL SAUDI STK US WORLD WWTOP Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast an economic rebound after the coronavirus pandemic. [Extracted from the article]
    • Abstract:
      Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)