Saudi Aramco Hosts Roadshows in US and London to Attract Foreign Investors

Reported 4 months ago

Saudi Aramco's top executives plan to conduct events in London and the US to generate interest in the oil giant's $12 billion share sale, five years after canceling an international roadshow for its initial public offering. CEO Amin Nasser and CFO Ziad Al Murshed are expected to attend these events, with institutional investors able to submit orders until June 6. The firm's offer quickly garnered interest, although it remains to be seen how much comes from overseas, after Aramco's 2019 IPO faced challenges with foreign investor participation.

Source: YAHOO

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