Hedge Funds & Alternative Investments
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Breakingviews – Aramco’s next stop will be bond, not stock, market
Saudi Arabia’s Plan A for its crown jewel hasn’t gone to plan. The kingdom’s original goal of selling 5% of energy giant Saudi Aramco in an initial public offering to foreign investors at a $2 trillion valuation got downsized to a 1.5% offload to largely domestic punters at $1.7 trillion….
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Click here to read the full story: Reuters