Marwa Rashad
Stories by Marwa Rashad
Singapore’s Temasek shortlists Saudi Aramco, Shell in sale of Pavilion Energy assets
Temasek is evaluating bids for the sale of Pavilion Energy's assets, excluding its gas pipeline business
EDF Renewables UK sells 49% stake in Blyth wind farm to Malaysia’s TNB
TNB will own the stake via its subsidiary Vantage RE Ltd.
Saudi Aramco acquires 70% stake in SABIC for $69.1b
SABIC is the world's fourth-biggest petrochemicals company.
Saudi property financing firm Amlak plans Riyadh IPO
This will be the exchange’s first initial public offering since the coronavirus crisis.
Saudi Aramco shares surge 10% on Riyadh listing debut
That gives the state-owned oil giant a market value of about $1.88 trillion.
Saudi Aramco mops up $25.6b in world’s biggest IPO
Aramco's final IPO pricing values the world’s most profitable company at $1.7 trillion.
Institutional tranche of Saudi Aramco IPO 2.95 times oversubscribed
Aramco plans to sell 1.5% of its shares in a deal that could raise up to $25.6 billion.
Saudi Aramco IPO oversubscribed so far but not by huge margin
Although the IPO has received more than enough bids, the level of interest is relatively muted compared to other emerging market IPOs.
Saudi Aramco IPO’s retail tranche attracts $12.6b
Institutional orders in the IPO included 54% from Saudi cooperates and 24.1% from Saudi funds.
Retail subscription for Aramco IPO touches $7.21b
The retail element of the sale so far amounts to over 845 million shares, Samba Capital said.
