Banks are pressing Aramco for bigger payout over IPO, say sources
Global banks that worked on Saudi Aramco's record initial public offering are pushing for an additional "incentive fee", three sources familiar with the matter told Reuters News Agency, as they try to boost relatively low earnings from the deal. Aramco said on Sunday that it had exercised a "greenshoe option"…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Aljazeera