Monday, 1 April 2019

Most profitable company, Saudi Aramco, seeks $10 billion as international market weighs big risks

Aramco wants to raise about $10 billion in the international bond market to buy a majority stake in Saudi Basic Industries Corp., the country’s largest listed company, in what effectively shuffles state assets from one pocket to another. So the state-owned oil giant just dropped a prospectus weighing in at almost 500 pages. ...»

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