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Bloomberg - Saudis Look to Make Aramco IPO a 'Friendly' Process for Investors Palissy's Kapadia

Bloomberg - Saudis Look to Make Aramco IPO a 'Friendly' Process for Investors Palissy's Kapadia

  • TV-G
  • 2019
  • 4mins
Nov.07 -- Saudi Arabia is turning to rich local families some of whom had members detained in Riyadh’s Ritz-Carlton hotel during a 2017 corruption crackdown as it seeks to shore up demand for the record-breaking Aramco initial public offering. Anish Kapadia director and head of energy at Palissy Advisors talks with Bloomberg's Alix Steel about valuations for the IPO potential Chinese investments in the sale and concessions made by Saudi Arabia.