Initial Public Offerings

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Published 02/12/2019

DUBAI/LONDON (Reuters) - OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June [more…]

SoftBank to go ahead with WeWork stock tender offer this week

SoftBank to go ahead with WeWork stock tender offer this week

Published 24/11/2019

NEW YORK/BANGALORE (Reuters) - SoftBank Group Corp (9984.T) will this week launch a previously agreed tender offer for as much as $3 billion of WeWork [more…]

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Published 24/11/2019

DUBAI (Reuters) - Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait’s [more…]

Saudi Aramco won’t breach maximum weight for firms in Saudi index: Argaam

Saudi Aramco won’t breach maximum weight for firms in Saudi index: Argaam

Published 24/11/2019

RIYADH (Reuters) - Saudi Aramco’s weighting in Saudi Arabia’s main stock index once the oil giant has listed shares is not expected to breach the [more…]

Saudi central bank says Aramco IPO not causing liquidity issues for banks

Saudi central bank says Aramco IPO not causing liquidity issues for banks

Published 24/11/2019

RIYADH (Reuters) - Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil [more…]

Saudi central bank governor reiterates banking sector is very liquid

Saudi central bank governor reiterates banking sector is very liquid

Published 24/11/2019

RIYADH (Reuters) - Saudi Arabia’s banking sector has a high level of liquidity, its central bank governor said on Sunday, as banks in the Gulf [more…]

Beyond Baby Shark: creator of viral hit eyes China with dinosaurs

Beyond Baby Shark: creator of viral hit eyes China with dinosaurs

Published 15/11/2019

SEOUL (Reuters) - The creator of the children’s song “Baby Shark,” which has become a global phenomenon, says the firm is eyeing the Chinese market, [more…]

Saudi Aramco kick-starts what could be world’s biggest IPO, offers scant details

Saudi Aramco kick-starts what could be world’s biggest IPO, offers scant details

Published 04/11/2019

DHAHRAN, Saudi Arabia/DUBAI (Reuters) - Saudi Arabia’s giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float [more…]

Saudi Aramco: the oil colossus

Saudi Aramco: the oil colossus

Published 03/11/2019

DUBAI (Reuters) - Aramco, as Saudi Arabian Oil Co is usually known, is set to add another superlative to the list: the world’s most valuable [more…]

Exclusive: Thai Siam Cement’s packaging unit set for $1 billion IPO – sources

Exclusive: Thai Siam Cement’s packaging unit set for $1 billion IPO – sources

Published 28/10/2019

SINGAPORE (Reuters) - Thailand’s Siam Cement Pcl’s (SCG) (SCC.BK) packaging subsidiary is planning a local listing, in a float that is set to raise about [more…]