Aramco’s “Acquisition Hit List”

22 Dec 2017   Saudi Arabia

Make no mistake, the sale of a 5 percent position in oil giant Aramco will be a once-in-a-generation opportunity. That’s why, as the market moves toward this historic placement, it is something we’re going to continue to follow closely. Starting today. With the countdown clock to the deadline starting to wind down, today I’m going to sketch out everything my sources are telling me about this colossal IPO. And then I’ll show you how we’re going to play it. But first, you need to understand what this IPO means… Saudi Arabia’s “Next Move” After the IPO, the Saudis will continue to control 95 percent of Aramco. The overall value of both the placement and the company at large will be based on the market price of oil in the ground. It also means the Saudis will have to provide transparent reserve figures, which has been a recurring concern since […]

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