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Exclusive: Bankers invited to Saudi Arabia to pitch for Aramco listing roles

Reuters  |  LONDON/DUBAI 

By Dasha Afanasieva, Tom Arnold and Clara Denina LONDON/DUBAI (Reuters) - Saudi Aramco has invited banks pitching for roles in its stock market listing, including Citi and Goldman Sachs, for meetings in the kingdom in the coming weeks to make their case, according to three banking sources familiar with the matter.The meetings are an indication that preparations for a 2018 initial public offering, which could be the biggest IPO in history, are progressing despite market speculation it could be delayed or even shelved. Executives from Citi, Goldman and Deutsche Bank, which are all bidding to be ...

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First Published: Mon, January 08 2018. 19:57 IST