Aramco IPO News: China Considers $10 Billion Stake in Saudi Oil – Bloomberg

Chinese state-owned entities are in talks about investing a combined $5 billion to $10 billion in Aramco’s initial public offering, as Saudi Arabia seeks commitments from friendly governments to shore up the record share sale, people with knowledge of the matter said.
— Read on www.bloomberg.com/news/articles/2019-11-06/china-said-to-discuss-at-least-5-billion-aramco-ipo-investment

Aramco IPO will come soon, Saudi crown prince to decide: energy minister – Reuters

The initial public offering (IPO) for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom’s energy minister said on Wednesday.
— Read on www.reuters.com/article/us-saudi-investment-aramco/aramco-ipo-will-come-soon-saudi-crown-prince-to-decide-energy-minister-idUSKBN1X90KQ

Aramco Tells IPO Bankers It Made $68 Billion in 9 Months

(Bloomberg) — Saudi Aramco earned $68 billion in the first nine months of the year, cementing its position as the world’s most profitable company, according to people familiar with the figures.The state-owned oil producer disclosed the unaudited net figure to financial analysts working on its planned
— Read on ca.finance.yahoo.com/news/aramco-tells-ipo-bankers-made-093508811.html

Saudi Aramco aims to begin planned IPO on November 3: sources – Reuters

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors.
— Read on www.reuters.com/article/us-saudi-aramco-ipo/saudi-aramco-aims-to-begin-planned-ipo-on-nov-3-sources-idUSKBN1X80JH

Saudi Aramco delays planned IPO until after earnings update: sources – Reuters

Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world’s largest oil firm, two sources familiar with the matter said on Thursday.
— Read on www.reuters.com/article/us-saudi-aramco-ipo/saudi-aramco-delays-planned-ipo-until-after-earnings-update-sources-idUSKBN1WW2M5